01-04-2024 10:53 AM | Source: Kedia Advisory
Buy Gold Jun @ 67700 SL 67500 TGT 68100-68400. MCX - Kedia Advisory

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Gold

Observations

Gold trading range for the day is 66675-68375.

Gold prices hovering at all-time highs, as investors assessed fresh economic data and mixed signals from Fed officials.

The latest data showed the U.S. economy performing far better than expected in the final three months of 2023.

The final estimate of fourth-quarter GDP showed that the U.S. economy expanded by 3.4%.

India's gold imports are likely to fall to 10 to 11 metric tons in March from 110 metric tons in February

BUY GOLD JUN @ 67700 SL 67500 TGT 68100-68400. MCX

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