Buy Gold FEB 2022 @ 47500 SL 47300 TGT 47780-47900.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 47545-47975.
Gold prices gained as benchmark 10-year yields dipped as more aggressive rate hikes are also seen as likely to dent growth and inflation longer-term.
Powell said it may take several months to make a decision on running down the central bank's $9 trillion balance sheet.
Fed Chairman Jerome Powell said the central bank was determined to ensure that high inflation did not become "entrenched"
The World Bank on cut its forecasts for economic growth in the United States, the Euro area and China and warned that high debt levels
BUY GOLD FEB 2022 @ 47500 SL 47300 TGT 47780-47900.MCX
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