01-01-1970 12:00 AM | Source: Kedia Advisory
Buy Gold Jun 2021 @ 47200 SL 46900 TGT 47480-47600.MCX - Kedia Advisory
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GOLD

Gold trading range for the day is 46938-48078.

Gold prices gained as falling yields and the prospect of rising Chinese demand boosted the appeal of the precious meta

The US 10-year Treasury yield fell to its lowest level seen in five weeks as inflation fear abated.

PBOC was reported to have allowed domestic and international commercial banks to import a large amount of gold to meet domestic demand.

Gold imports rise by 22.58 per cent to $34.6 billion in 2020-21

BUY GOLD JUN 2021 @ 47200 SL 46900 TGT 47480-47600.MCX

 

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