01-01-1970 12:00 AM | Source: Kedia Advisory
Buy Gold Feb 2023 @ 56100 SL 55900 TGT 56400-56600. MCX - Kedia Advisory
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Gold

* Gold Trading range for the day is 55730 - 56670

* Gold prices scaled all time high as cooling U.S. inflation raised hopes for slower interest rate hikes from the Federal Reserve.

* Data showed that U.S consumer prices fell for the first time in more than 2-1/2 years in December.

* Premiums for physical gold rose sharply in China, buoyed by optimism around the country's reopening before Lunar New Year festivities

* India imported 20 tonnes in the December, down from 95 tonnes a year ago.

BUY GOLD Feb 2023 @ 56100 SL 55900 TGT 56400-56600. MCX

 

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