05-03-2021 11:58 AM | Source: Kedia Advisory
Buy Gold Jun 2021 @ 47700 SL 47500 TGT 48000-48180.MCX - Kedia Advisory
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GOLD

Gold trading range for the day is 46506-46934.

Gold settled flat as strong U.S. economic data and elevated Treasury yields weighed.

Data showed that U.S. economic growth accelerated in the first quarter as fiscal stimulus fuelled consumer spending

Global demand for gold in the first quarter of 2021 was stuck near its lowest level since 2008

Physical gold in India was sold at a discount for the first time in 2021 as a spike in coronavirus cases prompted strict restrictions and kept buyers away.

BUY GOLD JUN 2021 @ 47700 SL 47500 TGT 48000-48180.MCX

 

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