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01-01-1970 12:00 AM | Source: Kedia Advisory
Buy Gold FEB 2022 @ 48240 SL 48000 TGT 48560-48700.MCX - Kedia Advisory
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GOLD

Gold trading range for the day is 48169-48663.

Gold rose as a retreat in the dollar and geopolitical tensions surrounding Ukraine burnished safe-haven bullion's appeal

Prices also benefited from its appeal as a hedge against inflation as oil prices rose to their highest since 2014

China stepped up its monetary easing efforts by cutting its mortgage reference rate for the first time in nearly two years.

Russian gold reserves at 74.0 mln oz as of January 1 – c.bank

BUY GOLD FEB 2022 @ 48240 SL 48000 TGT 48560-48700.MCX

 

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