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01-01-1970 12:00 AM | Source: Kedia Advisory
Buy Gold Aug 2022 @ 51000 SL 50800 TGT 51350-51600.MCX - Kedia Advisory
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GOLD

Gold trading range for the day is 50521-51783.

Gold rose after Q2 GDP data showed that the US economy unexpectedly contracted for the second consecutive quarter.

Fed’s Powell said that it will likely become appropriate to slow the pace of interest rate increases depending on the inflationary and economic picture.

Global gold demand falls as investors shy away

China's gold demand to fall in second half from 2021 levels – WGC

BUY GOLD AUG 2022 @ 51000 SL 50800 TGT 51350-51600.MCX

 

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