Buy Gold Aug 2022 @ 50800 SL 50600 TGT 51150-51350.MCX

8/06/2022 11:24:06 AM | Source: Kedia Advisory

Buy Gold Aug 2022 @ 50800 SL 50600 TGT 51150-51350.MCX - Kedia Advisory

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GOLD

Gold trading range for the day is 50517-51295.

Gold prices rose on investor concern over the economic fallout of aggressive policy tightening by major central banks

The U.S. benchmark 10-year Treasury yield eased off a bit but stayed above the key 3% threshold supporting the dollar.

India's gold imports in May jumped 677% from a year ago to the highest level in a year

The European Central Bank will meet later this week while the Federal Open Market Committee meets on June 14-15.

BUY GOLD AUG 2022 @ 50800 SL 50600 TGT 51150-51350.MCX

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Buy Gold Aug 2022 @ 50800 SL 50600 TGT 51150-51350.MCX - Kedia Advisory

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