Buy Gold Dec 2021 @ 47900 SL 47600 TGT 48250-48550.MCX - Kedia Advisory
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Gold
Gold trading range for the day is 47643-48361.
Gold gains as investors held onto the view that central banks would keep interest rates low for the time being
Major central banks last week stuck to the view that current inflationary pressures would fade, dimming the prospect for faster rate hikes.
Accommodative monetary policy amid the COVID-19 outbreak has benefited gold
Physical gold demand in India, jumped as buyers took advantage of a slight dip in prices and bought the precious metal during the festival season.
BUY GOLD DEC 2021 @ 47900 SL 47600 TGT 48250-48550.MCX
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