01-01-1970 12:00 AM | Source: Kedia Advisory
Buy Gold Oct 2021 @ 45900 SL 45700 TGT 46200-46400.MCX - Kedia Advisory
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Gold

Gold trading range for the day is 45626-46316.

Gold dropped pressured as investors continued to position themselves for a sooner-thanexpected interest rate hike from the U.S. Federal Reserve

The U.S. central bank said it will likely begin reducing its bond purchases as soon as November and signalled interest rate increases may follow more quickly than expected

Pressure seen amid a general improvement in risk aversion as investors hope the Evergrande debt crisis can be contained

The number of Americans filing new claims for jobless benefits unexpectedly rose last week

BUY GOLD OCT 2021 @ 45900 SL 45700 TGT 46200-46400.MCX

 

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