02-02-2023 12:29 PM | Source: Kedia Advisory
Buy Gold Apr 2023 @ 57650 SL 57450 TGT 58100-58300. MCX - Kedia Advisory
Gold
* Gold trading range for the day is 56787-58499
* Gold gains as the dollar index retreated after the ADP report showed private businesses in the US added the least jobs in two years
* The report reinforced the economy is slowing, in line with data showing shrinking manufacturing, easing inflation and wage-cost and a cooling housing market
* Central banks bought the most gold since 1967 last year, WGC says
* India's 2022 gold consumption drops 3% as prices rally – WGC
BUY GOLD Apr 2023 @ 57650 SL 57450 TGT 58100-58300. MCX
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