2025-09-11 11:03:27 am | Source: Kedia Advisory
Gold trading range for the day is 108320-109690 - Kedia Advisory
Gold
Be Cautious. Important resistance at 109800 while Support at 108000.
Observations
Gold trading range for the day is 108320-109690.
Gold settled flat on profit booking after prices rose after an unexpected decline in US producer prices
Headline and core PPI both declined 0.1% in August, defying forecasts.
Geopolitical tensions support safe-haven gold amid Trump’s tariff threats on China.
China’s gold reserves rose to 74.02 million fine troy ounces in August.
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