Powered by: Motilal Oswal
11-12-2023 11:58 AM | Source: Kedia Advisory
SELL GOLD FEB @ 61900 SL 62100 TGT 61600-61400. MCX - Kedia Advisory

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

GOLD

Observations

Gold trading range for the day is 61020-62930.

Gold dropped as the U.S. economy continues to add more jobs than expected

U.S. nonfarm payrolls rose by 199,000 last month, according to the Bureau of Labor Statistics.

Physical gold dealers in India increased discounts to seven-month highs in a bid to lure customers as record local prices hurt demand

Market projections for a March rate cut have pared back slightly even if they remain above 50%

 

SELL GOLD FEB @ 61900 SL 62100 TGT 61600-61400. MCX

To Read Complete Report & Disclaimer     Click Here

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer