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07-05-2024 12:10 PM | Source: Kedia Advisory
Buy Gold Jun @ 71100 SL 70900 TGT 71400-71600. MCX - Kedia Advisory

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GOLD

Observation

Gold trading range for the day is 70575-71915.

Gold prices gained deriving support from a soft U.S. dollar

Weaker-than-expected jobs report revived expectations that Federal Reserve will cut interest rates this year.

Israel's military called on Palestinian civilians to evacuate Rafah as part of a 'limited scope' operation.

Physical gold demand in India remained subdued despite a slight correction in prices

BUY GOLD JUN @ 71100 SL 70900 TGT 71400-71600. MCX

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