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Gold

Gold trading range for the day is 46738-47630.

Gold steadied as Fed’s Chair Powell's highly anticipated speech will likely offer few new hints about when the Fed may start reducing its massive asset purchases.

New orders for key U.S.-made capital goods were unexpectedly flat in July amid supply constraints and a shift in demand to services

China's net gold imports via Hong Kong fall 28.6% in July

Data showed U.S. business activity growth slowed in August, while Asia’s robust economic recovery from last year lost steam.

BUY GOLD OCT 2021 @ 47000 SL 46850 TGT 47300-47480.MCX

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