Powered by: Motilal Oswal
2024-10-14 11:29:12 am | Source: Kedia Advisory
Sell Gold Dec @ 76450 SL 76650 TGT 76200-76000. MCX - Kedia Advisory

GOLD

Observations

Gold trading range for the day is 75415-76795.

Gold gains after the release of the latest data on U.S. producer prices.

U.S. dollar pulled back from two-month highs on heightened expectations for a Fed rate cut in November.

U.S. consumer prices rose slightly more than expected in September, but the annual increase in inflation was the smallest in more than 3-1/2 years

Physical gold dealers in India charged premiums for the first time in two months.

SELL GOLD DEC @ 76450 SL 76650 TGT 76200-76000. MCX

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