Gold trading range for the day is 70645-72005 - Kedia Advisory
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
GOLD
Observations
Gold trading range for the day is 70645-72005.
Gold recovered due to higher demand for safer assets and soft economic data.
U.S. manufacturing contracted at a moderate pace in August amid some improvement in employment
Traders see a 39% chance of a 50-basis-point (bp) rate cut on Sept. 18 and a 61% chance of a 25-bp reduction
Even as gold prices set new all-time highs, net purchases by central banks more than doubled to 37 tonnes in July
BUY GOLD OCT @ 71300 SL 71100 TGT 71600-71800. MCX
Top News
Fiscal measures taken by govt resulted in positive GDP growth in Q3FY21: Nirmala Sitharaman
Tag News
Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 20 November 2024 - Geoj...
