Powered by: Motilal Oswal
05-11-2022 11:37 AM | Source: Kedia Advisory
Buy Gold Jun 2022 @ 50400 SL 50150 TGT 50750-51000.MCX - Kedia Advisory
News By Tags | #473 #5839

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

GOLD

Gold trading range for the day is 50131-51345.

Gold remained under pressure from a strong dollar and elevated Treasury yields

Investors continued to bet on further Federal Reserve tightening to bring decades-high inflation under control, even at the risk of some economic pain.

The Perth Mint's gold product sales in April fell 34% from the previous month

The Federal Reserve raised its benchmark overnight interest rate by 50 basis points, the biggest jump in 22 years

BUY GOLD JUN 2022 @ 50400 SL 50150 TGT 50750-51000.MCX

 

To Read Complete Report & Disclaimer Click Here

 

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer