04-11-2024 12:12 PM | Source: Kedia Advisory
Sell Gold Dec @ 79000 SL 79200 TGT 78700-78500. MCX - Kedia Advisory

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GOLD

Observations

Gold trading range for the day is 78555-79105.

Gold gains amid U.S. job growth slowed sharply in October

Nonfarm payrolls rose by 12,000 in October, well below market expectations of 113,000.

India's gold imports, rose by 21.78 percent to $27 billion during April-September this fiscal.

India's gold demand in 2024 is likely to fall to its lowest in four years as a rally in prices to a record high is seen denting purchases

 

SELL GOLD DEC @ 79000 SL 79200 TGT 78700-78500. MCX

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