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2025-08-20 09:34:42 am | Source: Kedia Advisory
Sell Gold OCT @ 98800 SL 99200 TGT 98400-98000. MCX - Kedia Advisory
Sell Gold OCT @ 98800 SL 99200 TGT 98400-98000. MCX - Kedia Advisory

GOLD

SELL GOLD OCT @ 98800 SL 99200 TGT 98400-98000. MCX

Observations

Gold trading range for the day is 98030-99850.

Gold dropped after Trump said he hoped Russia's Vladimir Putin would move toward ending the war in Ukraine.

U.S. President Donald Trump has continued to urge the Federal Reserve to pursue deeper rate cuts.

India’s gold ETF holdings rose 42% year-on-year to 66.68 tonnes as of June 30, 2025.

Global gold demand in Q2 2025 stood at 1,249 tonnes, up 3% year-on-year.

 

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