2026-09-21 11:33:05 am | Source: Kedia Advisory
Buy Gold OCT @ 153000 SL 152000 TGT 154000-155000. MC - Kedia Advisory
GOLD
BUY GOLD OCT @ 153000 SL 152000 TGT 154000-155000. MCX
Observations
Gold trading range for the day is 151285-156145.
Gold rose supported by falling oil prices that eased inflation concerns and helped push bond yields lower.
Treasury yields also pulled back from multi-year highs, with the US 10-year yield falling to around 4.93% after briefly exceeding 5%.
Goldman kept its end-2027 gold price forecast at $5,400 per troy ounce despite latest US interest rate increase
India’s demand stayed subdued as buyers held back purchases in anticipation of lower prices, while premiums in China remained steady.
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