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18-09-2023 01:00 PM | Source: Kedia Advisory
Buy Gold OCT @ 58800 SL 58600 TGT 59100-59250. MCX - Kedia Advisory

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Gold

Observation

Gold trading range for the day is 58465-59415.

Gold jumped helped by a weaker dollar and safe-haven buying

Further hopes around a likely pause in U.S. interest-rate hikes lent support.

China's physical gold premiums soared to a new high, amid strong demand.

Dealers in India were offering a discount of up to $8 an ounce over official domestic prices, versus discounts of $5 last week.

BUY GOLD OCT @ 58800 SL 58600 TGT 59100-59250. MCX 





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