Buy Gold Aug 2021 @ 49400 SL 49200 TGT 49850-50100.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 49157-49889.
Gold rebounded as the yields on long-term U.S. Treasury Notes dropped ahead of the upcoming jobs data.
Benchmark, U.S. 10-year Treasury yields eased below 1.60%, reducing the opportunity cost of holding bullion, which pays no interest.
Investors were now awaiting U.S. payrolls data due on Friday to gauge cues on future monetary policy.
Perth Mint's May gold sales slip to 4 – month low as metal prices rise
BUY GOLD AUG 2021 @ 49400 SL 49200 TGT 49850-50100.MCX
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