Buy Gold Jun 2022 @ 49600 SL 49300 TGT 50000-50250.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 49352-50510.
Gold fell as the dollar's strong run with more aggressive U.S. interest rates on the horizon sapped appetite for bullion.
U.S. Federal Reserve Chair Jerome Powell said that the battle to control inflation would "include some pain", as the impact of higher interest rates is felt.
India’ s Gold imports dipped by around 72% to $1.72 billion in April, from $6.23 billion in April 2021.
A dip in domestic prices in India gave a fillip to demand for physical gold as the wedding season picked up pace
BUY GOLD JUN 2022 @ 49600 SL 49300 TGT 50000-50250.MCX
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