Buy Gold Aug 2021 @ 47500 SL 47250 TGT 47750-47900.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 47360-47798.
Gold settled flat on investor caution ahead of a Federal Reserve policy meeting that could provide details on the tapering of asset purchase.
U.S. trade deficit in goods increased in June as imports continued to rise amid strong economic activity.
Providing a further boost to the metal, the yield on 10-year Treasury inflation-protected securities hit a record low of -1.147%.
China's net gold imports via Hong Kong jump 41.8% in June.
BUY GOLD AUG 2021 @ 47500 SL 47250 TGT 47750-47900.MCX
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