Buy Gold Jun 2022 @ 50300 SL 50100 TGT 50650-50800.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 49752-51156.
Gold prices rose as a drop in U.S. dollar and Treasury yields coupled with a slide in risk assets rekindled demand for the safe-haven bullion
U.S. weekly jobless claims rise; continuing claims lowest since 1969
Federal Reserve Chair Jerome Powell recently stated that the central bank was intent on using its tools to bring down multi-decade high inflation
Gold's reputation as an inflation hedge is being countered by an aggressive policy stance taken by central banks to fight soaring prices.
BUY GOLD JUN 2022 @ 50300 SL 50100 TGT 50650-50800.MCX
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