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2026-06-12 10:29:13 am | Source: Kedia Advisory
Sell Gold Aug@ 150000 SL 151000 TGT 148500-147500. MCX - Kedia Advisory
Sell Gold Aug@ 150000 SL 151000 TGT 148500-147500. MCX - Kedia Advisory

Gold

SELL GOLD AUG @ 150000 SL 151000 TGT 148500-147500. MCX

Observations

Gold trading range for the day is 145185-151455.

Gold rose as growing optimism over an imminent peace deal between the US and Iran eased concerns about persistent inflation.

US, Iranian attacks dent peace deal hopes

US producer prices increase more than expected in May

China's central bank increased its gold reserves for a 19th month in May

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