Buy Gold Dec 2021 @ 48900 SL 48600 TGT 49250-49650.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 48700-49638.
Gold prices rose after data showing U.S. consumer prices surged last month triggered a rush for the precious metal seen as a hedge against inflation.
U.S. CPI rises at fastest pace in 31 years
Fed officials have raised concerns about longer-lasting inflation.
Major central banks indicated last week interest rates would remain low in the near term.
BUY GOLD DEC 2021 @ 48900 SL 48600 TGT 49250-49650.MCX
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