03-09-2024 12:27 PM | Source: Kedia Advisory
Sell Gold Oct @ 71800 SL 72000 TGT 71500-71300. MCX - Kedia Advisory

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GOLD

Observations

Gold trading range for the day is 71235-71985.

Gold remained in range due to pressure from a stronger dollar and rising bond yields.

Economic data last week showed that both US headline and core PCE prices increased by 0.2% in July

Indian dealers widen discounts to $8/ounce, a six-week high Chinese dealers offered discounts between $1 and $10 per ounce on the international spot price

 

SELL GOLD OCT @ 71800 SL 72000 TGT 71500-71300. MCX

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