2025-03-12 10:37:16 am | Source: Kedia Advisory
Sell Gold Apr @ 86400 SL 86700 TGT 86000-85700. MCX - Kedia Advisory
Gold
SELL GOLD APR @ 86400 SL 86700 TGT 86000-85700. MCX
Observations
Gold trading range for the day is 85260-86650.
Gold prices gained amid a weaker dollar and economic slowdown worries due to tariff wars.
Investors strapped in for a key inflation print that could shed light on U.S. monetary policy move.
Market attention is on U.S. Consumer Price Index (CPI) on Wednesday and Producer Price Index (PPI) print on Thursday.
Traders are currently expecting the Federal Reserve to cut interest rates in June.
Disclaimer:
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Tag News
Gas Utilities : Another steep APM allocation cut for CGDs by Kotak Institutional Equities
Gold Posts 25% YTD Gains Amid Trade Tensions and Inflationary Concerns; Outlook Remains Firm by Motilal Oswal Financial Services Ltd
Evening Track : Comex gold drops after hitting all-time high on profit taking by Kotak Securities Ltd
Quote on the Gold and Silver price movements by Satish Dondapati, Fund Manager, Kotak Mahindra AMC
