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13-09-2024 10:03 AM | Source: Kedia Advisory
Buy Gold Oct @ 72600 SL 72400 TGT 72900-73100. MCX - Kedia Advisory

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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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