10-12-2021 10:20 AM | Source: Kedia Advisory
Buy Gold Dec 2021 @ 46880 SL 46700 TGT 47150-47380.MCX - Kedia Advisory
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GOLD

Gold trading range for the day is 46710-47358.

Gold prices settled flat as there were expectations that the Federal Reserve would not delay its plans to taper economic support.

The dollar started the week on a positive footing and yields of the key U.S. 10-year benchmark note climbed past the 1.61 percent

Investors came to terms with the possibility the Fed could still have enough fodder to start weaning the economy off stimulus

The focus this week will be on U.S. inflation and retail sales data, and minutes of the Federal Reserve's last meeting

BUY GOLD DEC 2021 @ 46880 SL 46700 TGT 47150-47380.MCX

 

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