20-08-2024 10:35 AM | Source: Kedia Advisory
Buy Gold Oct @ 71300 SL 71100 TGT 71650-71850. MCX - Kedia Advisory
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GOLD
Observations
Gold trading range for the day is 70955-72035.
Gold gains on strong safe-haven demand and expectations of an imminent U.S. rate cut
Demand for gold remains potent as geopolitical tensions is driving safe-haven demand.
Commerzbank raises gold price forecast to $2,500 for 2024
India’s Gold imports, dipped by 4.23 per cent to $12.64 billion during April-July 2024-25
BUY GOLD OCT @ 71300 SL 71100 TGT 71650-71850. MCX
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