05-04-2021 12:30 PM | Source: Kedia Advisory
Buy Gold Jun 2021 @ 47150 SL 46900 TGT 47400-47600.MCX - Kedia Advisory
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GOLD

Gold trading range for the day is 46701-47759.

Gold prices gained after the ISM PMI survey showed the US manufacturing sector expanded at a softer pace in April.

Gold was already gaining on the back of lower US Treasury yields and mounting concerns over the coronavirus crisis.

China's Q1 gold consumption jumps 93.9% y/y on robust demand – association

India and China drove gold jewellery demand 52 per higher during the first quarter this year with the same period a year ago

BUY GOLD JUN 2021 @ 47150 SL 46900 TGT 47400-47600.MCX 

 

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