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2025-01-27 09:41:56 am | Source: Kedia Advisory
Sell Gold Feb @ 80100 SL 80300 TGT 79800-79600. MCX - Kedia Advisory
Sell Gold Feb @ 80100 SL 80300 TGT 79800-79600. MCX - Kedia Advisory

Gold

Observations

Gold trading range for the day is 79405-80625.

Gold rose after President Trump called for an immediate reduction in interest rates.

Support also seen buoyed by uncertainty surrounding U.S. President Donald Trump's tariffs plans.

Elevated prices dampened demand for physical gold in most Asian hubs.

Indian dealers offer significant discounts, up to $38 per ounce, over official domestic prices.

SELL GOLD FEB @ 80100 SL 80300 TGT 79800-79600. MCX

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