2025-06-17 10:29:50 am | Source: Kedia Advisory
Sell Gold Aug @ 99500 SL 99900 TGT 99000-98600. MCX - Kedia Advisory
GOLD
SELL GOLD AUG @ 99500 SL 99900 TGT 99000-98600. MCX
Observations
Gold trading range for the day is 97440-101950.
Gold slipped on profit booking after hitting record high on MCX of 1,01,078 per 10 gram.
Soft U.S. inflation data boosts hopes for September rate cut.
Goldman sees gold hitting $3,700 by end-2025, $4,000 later.
Market awaits U.S. Fed decision and forward guidance on cuts.
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
Government cruises to key milestone of allocating 20...
AI to be used for first time in mineral exploration ...
Top Boeing exec Pope visits Air India HQ to discuss ...
Stocks wobble, oil jumps on Middle East tensions; BO...
Oil prices continue to surge amid growing Israel-Ira...
Night shifts may raise risk of asthma in women: Study
RateGain Travel Technologies soars on partnering wit...
Paras Defence gains after ICRA reaffirms ratings for...
PM Narendra Modi to address G7 session as India race...
Meta Gaming Accelerator launched to empower budding ...
