Buy Gold Aug 2021 @ 46700 SL 46450 TGT 47100-47400.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 45811-48823.
Gold fell pressured by gains in the U.S. dollar and Treasury yields after the U.S. Federal Reserve pushed forward its projections for the interest rate hikes
The Fed's projections showed two quarter-point interest rate hikes for 2023, versus none in the March forecasts.
The central bank raised its projections for inflation and economic growth and took initial steps to wind down the bond purchase program.
Swiss gold exports to India plunged in May as coronavirus cases surged
BUY GOLD AUG 2021 @ 46700 SL 46450 TGT 47100-47400.MCX
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