18-03-2024 11:03 AM | Source: Kedia Advisory
Sell Gold APR @ 65700 SL 65900 TGT 65400-65200. MCX - Kedia Advisory

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Gold

Gold trading range for the day is 65265-66035.

Gold steadied over concerns that Fed might defer interest rate cuts beyond June.

U.S. consumer prices increased above expectations in February.

Physical gold demand in Asia dwindled on the back of sky-high prices as consumers abstained from making fresh purchases.

Traders continue to bet on interest rate cuts in June, pricing in about 59% chance

SELL GOLD APR @ 65700 SL 65900 TGT 65400-65200. MCX

 

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