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13-12-2023 11:35 AM | Source: Kedia Advisory
SELL GOLD FEB @ 61300 SL 61500 TGT 61050-60900. MCX - Kedia Advisory

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GOLD

Observations

Gold trading range for the day is 60815-61765.

Gold gains as dollar index remained below 104 as investors digested the latest CPI report

The US consumer price inflation rate eased to 3.1% in November, marking the lowest figure in five months.

The robust labor market might prompt policymakers to take a less dovish stance than what market participants anticipate.

Physical gold dealers in India increased discounts to seven-month high

SELL GOLD FEB @ 61300 SL 61500 TGT 61050-60900. MCX

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