Gold trading range for the day is 119370-122120

2025-10-08 11:08:12 am | Source: Kedia Advisory

Gold trading range for the day is 119370-122120 - Kedia Advisory

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Gold

Prices trading with high volatility. Important resistance at 1,20,200 while Support at 1,22,500

Gold trading range for the day is 119370-122120.

Gold gains supported by economic uncertainty and expectations of further US rate cuts.

The US government shutdown continues with no clear resolution in sight after the Senate failed to pass funding bills for the fifth time.

China's central bank increased its gold holdings for an 11th straight month in September.

Goldman Sachs hikes December 2026 gold forecast to $4,900/oz

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Gold trading range for the day is 119370-122120 - Kedia Advisory

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