01-01-1970 12:00 AM | Source: Kedia Advisory
Buy GOLD JUN 2021 @ 48150 SL 47900 TGT 48380-48600.MCX
GOLD
* Gold trading range for the day is 48062-48612.
* Gold eased from highs as U.S. yields inched higher, but a weaker dollar and inflation fears kept a floor under bullion prices.
* U.S. homebuilding fell more than expected in April, likely pulled down by soaring prices for lumber and other materials
* Inflows into gold exchange-traded-funds indicated investors were buying gold to hedge against inflation worries
* SPDR Gold Trust holdings at 1-1/2-month high
BUY GOLD JUN 2021 @ 48150 SL 47900 TGT 48380-48600.MCX
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