Buy Gold Aug 2023 @ 58100 SL 57900 TGT 58350-58550. MCX - Kedia Advisory
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Gold
Observation
Gold trading range for the day is 57730-58750
Gold steadied as dollar turns weak after inflation data
Fed’s Bostic said that Fed has reached to a point where interest rates are sufficiently restrictive to bring down inflation to 2 percent.
U.S. Treasury Secretary Janet Yellen said that the U.S. economy is proving more resilient than thought.
Indian dealers offer discounts of up to $4 an ounce on official domestic prices down from the last week's $1.5 premiums
BUY GOLD Aug 2023 @ 58100 SL 57900 TGT 58350-58550. MCX
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