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06-05-2023 09:22 AM | Source: Kedia Advisory
Buy Gold AUG 2023 @ 59400 SL 59150 TGT 59700-60000. MCX - Kedia Advisory
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Gold

Gold trading range for the day is 59070-60620

Gold dropped in the wake of a stronger-than-expected U.S. employment report for May

The Labor Department’s just-released employment situation report for May showed the key non-farm payrolls number up a solid 339,000

Physical gold demand slowed in India this week as a recovery in domestic prices prompted buyers to postpone purchases

Indian dealers offer $4/oz premiums vs $3 last week

BUY GOLD AUG 2023 @ 59400 SL 59150 TGT 59700-60000. MCX

 

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