2026-06-01 11:59:53 am | Source: Kedia Advisory
Sell Gold Aug @ 162000 SL 163000 TGT 160500-159500. MCX - Kedia Advisory
Gold
SELL GOLD AUG @ 162000 SL 163000 TGT 160500-159500. MCX
Observations
Gold trading range for the day is 159025-162535.
Gold settled flat as firmness in Rupee above 95 level weighed prices and as investors assessed reports of a U.S.-Iran ceasefire deal.
Fed’s Musalem said the central bank may need to increase its policy rate if inflation does not resume easing within the next six months.
Fed’s Williams said central bank monetary policy is in the right place given the outlook.
China's net gold imports via Hong Kong rose 81.2% in April from the previous month, data showed.
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