2025-07-09 10:06:00 am | Source: Kedia Advisory
Sell Gold Aug @ 96800 SL 97200 TGT 96300-96000. MCX - Kedia Advisory
GOLD
SELL GOLD AUG @ 96800 SL 97200 TGT 96300-96000. MCX
Observations
Gold trading range for the day is 95340-97810..
Gold dropped as investors weighed the fallout from US trade levies.
Extended tariff reprieve gives countries three-week window before higher US tariff rates start August 1.
China’s gold reserves stood at 73.90 million fine troy ounces at the end of June, up from 73.83 million ounces at the end of May.
Central banks added a net 20t to global gold reserves in May, an uptick from the previous month.
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