Buy Gold Apr 2021 @ 46750 SL 46550 TGT 46950-47100.MCX - Kedia Advisory
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GOLD
* Gold trading range for the day is 45974-47430.
* Gold prices rose rebounding from a more than seven-month low, as a weakening dollar eclipsed pressure from firmer Treasury yields.
* The dollar eased as traders sought currencies with close ties to the global commodities trade due to an improving economic outlook.
* Physical gold demand in India this week surged as local prices dropped to their lowest levels since June last year
* In India, dealers were charging a premium of up to $7 an ounce over official domestic prices, the highest in eight months.
BUY GOLD APR 2021 @ 46750 SL 46550 TGT 46950-47100.MCX
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