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2026-05-29 10:44:16 am | Source: Kedia Advisory
Buy Gold Jun @ 155800 SL 154800 TGT 157500-158500. MCX - Kedia Advisory
Buy Gold Jun @ 155800 SL 154800 TGT 157500-158500. MCX - Kedia Advisory

Gold

BUY GOLD JUN @ 155800 SL 154800 TGT 157500-158500. MCX

Observations

Gold trading range for the day is 152135-159555.

Gold gained following the release of U.S. April inflation data and as markets weighed hopes of progress in Middle East peace talks

Data showed that the U.S. personal consumption expenditures price index jumped 3.8% in the 12 months through April

Iran's Revolutionary Guards said they targeted a U.S. airbase in response to a U.S. attack in the port city of Bandar Abbas.

China's net gold imports via Hong Kong rose 81.2% in April from the previous month.

 

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