04-08-2021 10:41 AM | Source: Kedia Advisory
Buy Gold Jun 2021 @ 46050 SL 45850 TGT 46280-46500.MCX - Kedia Advisory
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GOLD

Gold trading range for the day is 45497-46853.

Gold prices gained supported by weakness in Rupee in tandem with US Treasury yields, which retreated further from more than one-year highs.

However upside seen limited amid robust economic data from China and US and an accelerating vaccination rollout raised hopes for a faster economic recovery.

Fed's Kaplan says U.S. economy still needs central bank support

Perth Mint's gold sales climbed to their highest since at least 2012 in March as a fall in prices of the metal lifted demand for minted products.

BUY GOLD JUN 2021 @ 46050 SL 45850 TGT 46280-46500.MCX

 

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