Buy Gold Aug 2022 @ 50400 SL 50150 TGT 50750-50900.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 50055-51165.
Gold gained as the dollar lost ground testing the 106 mark for the first time in over two weeks
Investors now expect the U.S. Federal Reserve to raise interest rates by 75 basis points at its July 26-27 policy meeting.
Physical gold demand picked up in some Asian hubs as softer prices drew buyers, allowing dealers in India to narrow discounts
Gold jewellery demand likely to fall 5% in FY23
BUY GOLD AUG 2022 @ 50400 SL 50150 TGT 50750-50900.MCX
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