Powered by: Motilal Oswal
2025-10-24 10:44:47 am | Source: Kedia Advisory
Gold trading range for the day is 121370-125970 - Kedia Advisory
Gold trading range for the day is 121370-125970 - Kedia Advisory

GOLD

Prices trading with high volatility. Important resistance at 1,25,500 while Support at 1,22,500

Observations

Gold trading range for the day is 121370-125970.

Gold rose as investors weighed trade developments and geopolitical tensions that lifted the metal’s safe-haven appeal.

Reports indicated that the US is considering export restrictions on China involving American-made software.

Expectations that the Federal Reserve will deliver two more rate cuts by year-end also supported bullion.

Goldman Sachs Maintains $4,900/oz Gold Forecast Through 2026 Amid Rising Strategic Demand

 

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