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Buy Gold Apr 2022 @ 51000 SL 50700 TGT 51400-51800.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 50740-51722.
Gold dropped amid prospects of peace talks between Russia and Ukraine, Chinese stimulus and an imminent U.S. interest rate rise.
U.S. 10-year Treasury yields rose to 2.204%, their highest since June 2019.
Western governments have slapped tough sanctions on Russia for the invasion of Ukraine, which Moscow calls a "special operation".
Russia's 2021 gold output up 1.8% y/y to 346.42 tonnes
BUY GOLD APR 2022 @ 51000 SL 50700 TGT 51400-51800.MCX
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