08-04-2024 11:58 AM | Source: Kedia Advisory
Sell Gold Jun @ 70800 SL 71100 TGT 70500-70200. MCX

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Gold

Observations

Gold trading range for the day is 68805-71615.

Gold gains supported by US interest rate cut bets, speculative buying and central bank purchases

U.S. employers hired far more workers than expected March

Global central bank gold reserves rose by 19t in February, marking the ninth consecutive month of growth

Physical gold demand in India remained tepid as a blistering rally in domestic prices put off buyers

SELL GOLD JUN @ 70800 SL 71100 TGT 70500-70200. MCX

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