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Buy Gold Dec 2022 @ 52300 SL 52100 TGT 52550-52700.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 51924-52738.
Gold steadied as investors cautiously awaited the latest Federal Reserve meeting minutes that could guide the outlook for future US rate hikes.
Fed’s Mester said she wants to see inflation come down sustainably before supporting a pause.
Physical gold demand in Asia stayed soft, with premiums in top hub China easing further as fresh COVID-19 restrictions dimmed activity
In India, discounts offered up to $21 an ounce over official domestic prices compared with last week's $26 discounts.
BUY GOLD DEC 2022 @ 52300 SL 52100 TGT 52550-52700.MCX
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