2026-01-12 11:11:37 am | Source: Kedia Advisory
Gold looks to get support at 136800 and resistance at 140800 - Kedia Advisory
Gold
Gold looks to get support at 136800 and resistance at 140800
Observations
Gold trading range for the day is 136880-140520.
Gold gains supported by escalating geopolitical risks that have bolstered safe-haven demand.
Prices received support from continued central-bank purchases, with China extending its gold-buying streak for a 14th month.
Gold prices could rise to $5,000 an ounce in the first half of 2026 on geopolitical risks and rising debt, HSBC said.
Gold reserves in London vaults rise 2.24% m/m in December, LBMA says
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or
investment advice. Investments in financial markets are subject to market risks, and past performance is
not indicative of future results. Readers are strongly advised to consult a licensed financial expert or
advisor for tailored advice before making any investment decisions. The data and information presented
in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the
content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
Gold futures trade higher on strong global rates
Dhruv Consultancy Services gains on receiving LoA wo...
KP Green Engineering surges on bagging advance work ...
Rupee strengthens against US dollar on Monday
South Korea`s food exports hit record high in 2025
Stock of the Week : The Ramco Cements Ltd for Target...
Indian households turn investors, bank deposits surg...
Weekly Sectoral Outlook 12th January 2026 by GEPL Ca...
Debt Market Watch 12th January 2026 by GEPL Capital
India registers robust growth in exports to Spain, G...
