Buy Gold Jun2021 @ 47000 SL 46850 TGT 47240-47450.MCX

29/04/2021 10:30:35 AM | Source: Kedia Advisory

Buy Gold Jun2021 @ 47000 SL 46850 TGT 47240-47450.MCX

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GOLD

Gold trading range for the day is 46582-47528.

Gold prices dropped pressured by a jump in U.S. Treasury yields and a firmer dollar ahead of the Federal Reserve policy decision.

U.S. consumer confidence jumped to a 14-month high in April

Goldman Sachs, however, sees gold prices at $2,000 an ounce over the next six months.

Benchmark U.S. 10-year Treasury yields jumped to their highest since April 13, increasing the opportunity cost of holding bullion

BUY GOLD JUN 2021 @ 47000 SL 46850 TGT 47240-47450.MCX

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Buy Gold Jun2021 @ 47000 SL 46850 TGT 47240-47450.MCX

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