Buy Gold Jun 2022 @ 52250 SL 51950 TGT 52650-52900.MCX - Kedia Advisory
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Gold
Gold trading range for the day is 51897-52907.
Gold prices declined as the U.S. Treasury yields resumed their climb while gains in equities also tempered the safe-haven metal's appeal.
Benchmark U.S. 10-year Treasury yields edged higher towards a more than three-year peak scaled on Wednesday
U.S. bond yields have marched higher lately on expectations that the Federal Reserve will aggressively hike interest rates as inflation accelerates at its fastest rate in 40 years.
Weekly jobless claims fall 2,000 to 184,000 and continuing claims drop 58,000 to 1.417 million
BUY GOLD JUN 2022 @ 52250 SL 51950 TGT 52650-52900.MCX
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