Buy Gold Apr 2021 @ 44700 SL 44450 TGT 45080-45300.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 44547-45333.
Gold rose as a dollar weakened after data showed US inflation rate rose 0.4% from the previous month, easing concerns that it would pick up too fast.
The passage of Joe Biden’s $1.9tn coronavirus relief package lent further optimism to the gold bulls.
ECB to boost emergency bond buys to bring yields down
Yellen said that she did not see higher long-term Treasury yields as a sign of inflation worries in financial markets, but anticipation of a U.S. recovery.
BUY GOLD APR 2021 @ 44700 SL 44450 TGT 45080-45300.MCX
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