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01-01-1970 12:00 AM | Source: Kedia Advisory
Buy Gold Aug 2022 @ 50500 SL 50300 TGT 50800-51000.MCX - Kedia Advisory
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GOLD

Gold trading range for the day is 50260-50922.

Gold settled flat as expectations that major central banks will continue to aggressively raise interest rates to target runaway inflation weighed on bullion demand.

Federal Chair Powell, reiterated that his commitment to reining in 40-year high inflation is “unconditional

Physical gold dealers offered bigger discounts in India to lure buyers as the wedding season concluded

In India, discounts of about $8 an ounce were quoted over official domestic prices compared with last week's $6 discounts.

BUY GOLD AUG 2022 @ 50500 SL 50300 TGT 50800-51000.MCX

 

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