01-01-1970 12:00 AM | Source: Kedia Advisory
Buy Gold Feb 2023 @ 56400 SL 56200 TGT 56650-56800. MCX - Kedia Advisory
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Gold

* Gold Trading range for the day is 56110 - 56810

* Gold prices rose helped by a weaker dollar and as signs of cooling U.S. inflation raised bets on smaller rate hikes by the U.S. Federal Reserve.

* Philadelphia Fed President Patrick Harker and Dallas Fed President Lorie Logan both backed a slower pace of tightening.

* U.S. producer prices fall more than expected in December

* China's 2022 gold output climbs to 372.048 tonnes

BUY GOLD Feb 2023 @ 56400 SL 56200 TGT 56650-56800. MCX

 

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