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21-08-2024 09:07 AM | Source: Kedia Advisory
Buy Gold Oct @ 71500 SL 71300 TGT 71800-72000. MCX - Kedia Advisory
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GOLD

Observations

Gold trading range for the day is 70950-72680.

Gold rose amid a weaker dollar and bets Fed will cut interest rates in September.

Holdings of SPDR Gold Trust, jumped to their highest in seven months at 859 tons.

Swiss July gold exports rose to the highest since April.

Russia's gold reserves stood at 75.1 million troy ounces as of the start of August, the central bank said.

BUY GOLD OCT @ 71500 SL 71300 TGT 71800-72000. MCX

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