Gold trading range for the day is 48486-50164.
Gold rose after Janet Yellen, bolstered bets for another pandemic-related stimulus package
Yellen said pandemic relief would take priority over tax increases, adding that the benefits of a relief package outweighed the expenses of a higher debt burden.
Euro zone finance ministers pledge continued fiscal support
Hedge funds and money managers reduced their bullish positions in COMEX gold contracts in the week to Jan. 12, the U.S. CFTC said
BUY GOLD FEB 2021 @ 49220 SL 48950 TGT 49650-49850.MCX
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