Buy Gold Oct @ 72600 SL 72400 TGT 72900-73100. MCX - Kedia Advisory
GOLD
Observations
Gold trading range for the day is 71515-73535.
Gold gains after the latest data shows U.S. producers saw mixed price pressures last month.
The headline Producer Price Index (PPI) rose 0.2% in August, following July’s 0.1% increase.
The number of people claiming unemployment benefits in the US rose by 2,000 from the previous week to 230,000
The European Central Bank lowered its main interest rate by 0.25%, to 3.5%.
BUY GOLD OCT @ 72600 SL 72400 TGT 72900-73100. MCX
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Buy Gold Above 71800 SL BELOW 71500 TGT 72200/72500 - Axis Securities Ltd