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01-02-2024 10:03 AM | Source: Kedia Advisory
Gold trading range for the day is 62225-63115 - Kedia Advisory

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Gold:

Observations

Gold trading range for the day is 62225-63115.

Gold gains as the U.S. labour market appears to be losing momentum

India's gold demand to rise in 2024 despite subdued March quarter – WGC

Indian gold demand fell 3% in 2023 from the prior year to 747.5 tons, the lowest since 2020

Gold demand down 5% in 2023, to be supported by geopolitics in 2024, WGC says

SELL GOLD APR @ 62850 SL 63100 TGT 62700-62500. MCX

 

 

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