13-09-2023 11:34 AM | Source: Kedia Advisory
Gold trading range for the day is 58240-59190. Gold inched lower due to a slight uptick in the dollar - Kedia Advisory

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GOLD

Observations

Gold trading range for the day is 58240-59190.

Gold inched lower due to a slight uptick in the dollar

Although prices held a narrow range ahead of a widely watched U.S. inflation print that could provide more clarity

Americans' overall views on inflation were little changed in August, the New York Fed reported

PBOC released data showing an additional 930,000 troy ounces, or about 29 tons, to its reserves in August.


BUY GOLD OCT @ 58500 SL 58300 TGT 58800-59000. MCX

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