01-01-1970 12:00 AM | Source: Kedia Advisory
Buy Gold Jun 2021 @ 48350 SL 48100 TGT 48580-48850.MCX - Kedia Advisory
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Gold

Gold trading range for the day is 47575-49425.

Gold jumped as weaker equity markets and inflation concerns boosted bullion’s safe-haven appeal

Fed’s Quarles will tell lawmakers a strong economic recovery is underway in the United States, but is not yet complete.

Nations around the world continue to report soaring consumer prices, with Canada reporting the highest inflation rate in 10 years and UK inflation rate jumping to a 1-year high.v

SPDR Gold Trust holdings at 1-1/2-month high

BUY GOLD JUN 2021 @ 48350 SL 48100 TGT 48580-48850.MCX

 

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