Buy Gold Dec 2022 @ 50800 SL 50600 TGT 51250-51400.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 49968-51796.
Gold rose as the dollar index weakened below the 112 mark, as easing Treasury yields and a general risk appetite spooked investor away from dollar.
A report from ISM showed that the US manufacturing activity grew at its slowest pace in almost 2-1/2 years in September
The Fed's No. 2 official added her full endorsement of the U.S. central bank's higher-forlonger game plan for interest rates to curb inflation.
India has slashed the base import prices of gold from 549 to 533 per 10 grams.
BUY GOLD DEC 2022 @ 50800 SL 50600 TGT 51250-51400.MCX
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