24-09-2024 10:33 AM | Source: Kedia Advisory
Buy Gold Oct @ 74100 SL 73900 TGT 74400-74600. MCX - Kedia Advisory

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GOLD

Observation

Gold trading range for the day is 73800-74660.

Gold gains amid expectations of further interest rate cuts and rising geopolitical tensions

Fed policymakers projected the interest rate would fall by another half of a percentage point by the end of this year.

China refrained from gold imports from Switzerland in August, for the first time since January 2021

Russian gold reserves at 75.0 mln oz as of September 1

BUY GOLD OCT @ 74100 SL 73900 TGT 74400-74600. MCX

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