Gold trading range for the day is 114585-117375

2025-09-30 09:41:33 am | Source: Kedia Advisory

Gold trading range for the day is 114585-117375 - Kedia Advisory

News By Tags | #CommodityTips #KediaAdvisory

Gold

Prices trading with high volatility. Important resistance at 1,17,500 while Support at 1,15,400

Observations

Gold trading range for the day is 114585-117375.

Gold climbed above $3,800 and 1,16,000 on MCX, driven by a weaker dollar and growing expectations of further US rate cuts.

Markets are currently pricing in a 90% chance of a rate cut in October and about a 65% probability of an additional move in December.

US PCE inflation data came in line with expectations, reinforcing bets that the Federal Reserve could continue easing policy later this year.

Investors look ahead to a slew of US economic releases, including job openings, private payrolls, the ISM manufacturing PMI, and the non-farm payrolls report.

To Read The Complete Report & Disclaimer - Click Here

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

IGI Logo

Gold trading range for the day is 114585-117375 - Kedia Advisory

Top News

Tag News

More News