01-01-1970 12:00 AM | Source: Kedia Advisory
Buy Gold Aug 2022 @ 50700 SL 50450 TGT 51000-51200MCX - Kedia Advisory
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GOLD

Gold trading range for the day is 50831-51355.

Gold prices rose on a softer dollar, while expectations of more aggressive interest rate hikes by the U.S. Federal Reserve pared.

Fed's Brainard: We can't take global status of U.S. dollar for granted

Gold discounts widened in India as demand faltered due to rise in prices, while demand in top consumer China was yet to see a substantial pick-up

Dealers were offering a discount of up to $5 an ounce over official domestic prices, down from the last week's discount of $2.

BUY GOLD AUG 2022 @ 50700 SL 50450 TGT 51000-51200.MCX

 

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