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GOLD

Gold trading range for the day is 48640-49426.

Gold prices steadied as investors awaited key inflation readings that could offer clues on the Federal Reserve’s monetary policy going forward.

Janet Yellen said President Joe Biden’s $4 trillion spending plan would be good for the United States even if it contributes to rising inflation

Gold imports plunge in India as second wave of Covid-19 slashes demand

Indian gold dealers offered the biggest discounts in 8-1/2 months this week as COVID-19- related restrictions stifled consumption

BUY GOLD AUG 2021 @ 48950 SL 48750 TGT 49180-49350.MCX

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