2026-06-24 09:18:03 am | Source: Kedia Advisory
Sell Gold Aug @ 147500 SL 148500 TGT 146000-145000. MCX - Kedia AdvisoryGold
Gold
SELL GOLD AUG @ 147500 SL 148500 TGT 146000-145000. MCX
Observations
Gold trading range for the day is 144795-147955.
Gold prices dropped as the U.S. dollar strengthened to a one-year high on market expectations of a stricter U.S. Federal Reserve.
Deutsche Bank and BofA Global Research have updated their forecasts to include a rate increase in September.
Gold imports into India, have fallen nearly 70% since the government raised import duties to 15% from 6% last month.
Goldman Sachs cut its gold price forecast to $4,900 per ounce by December, from a previous projection of $5,400.
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or
investment advice. Investments in financial markets are subject to market risks, and past performance is
not indicative of future results. Readers are strongly advised to consult a licensed financial expert or
advisor for tailored advice before making any investment decisions. The data and information presented
in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the
content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
Seoul stocks extend gains on bargain hunting
Fine paddy prices surge as supply tightens in Tamil ...
Commodities Daily Insights 24th June 2026 by Axis Se...
Productive discussions on advancing trade pact negot...
Add Tata Motors Passenger Vehicles Ltd for the Targe...
India`s trade rose 5.4 pc to touch $1.84 trillion in...
'From the first ship to 1000': Adani Vizhinjam Inter...
Buy Tata Motors Ltd for the Target 600 by Emkay Glob...
SEBI proposes common advertisement code to simplify ...
Not Rated KSH International Ltd for the Target NA by...
