12-05-2022 12:38 PM | Source: Kedia Advisory
Buy Gold February 2023 @ 53750 SL 53550 TGT 54000-54200.MCX - Kedia Advisory
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GOLD

Gold trading range for the day is 53378-54204.

Gold pared gains to ended with losses as dollar jumped after data showed that U.S. employers added more jobs than expected in November

The yield on the US 10-year Treasury note rose above the 3.6% mark from the twomonth low of 3.5% touched on December 1st.

Physical gold demand stalled in India on higher prices, while premiums fell in top consumer China as COVID restrictions dulled activity

Dealers in India were offering a discount of up to $18 an ounce this week over official domestic prices, down from the last week's $21.

BUY GOLD FEB 2023 @ 53750 SL 53550 TGT 54000-54200.MCX

 

 

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