2025-09-01 12:03:05 pm | Source: Kedia Advisory
Buy Gold Oct @ 103500 SL 103000 TGT 104200-104800. MCX - Kedia Advisory
Gold
BUY GOLD OCT @ 103500 SL 103000 TGT 104200-104800. MCX
Observations
Gold trading range for the day is 101310-105350.
Gold surged to 1,04,000, supported by rupee weakness to all time low and safe-haven demand.
Political pressure on Fed fuels expectations of accelerated interest rate cuts.
Markets widely pricing a 25 bps rate reduction in September meeting.
Fed Governor Waller signals support for beginning rate cuts next month.
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
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