Buy Gold Aug 2021 @ 48000 SL 47780 TGT 48260-48400.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 47581-48493.
Gold prices recovered as concerns grew over a slowing economic recovery due to a surge in Covid-19 cases.
Fed’s Neel Kashkari said many U.S. economic sectors faced rapidly rising prices and were struggling to adjust to reopening after the shutdown.
SPDR Gold ETF holdings shed 5.8 tonnes to lowest in over 2 months.
Gold in India was sold at a discount for the first time in nearly a month as a jump in local prices curbed purchases.
BUY GOLD AUG 2021 @ 48000 SL 47780 TGT 48260-48400.MCX
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