01-01-1970 12:00 AM | Source: Kedia Advisory
Buy Gold Aug 2021 @ 47500 SL 47280 TGT 47750-47900.MCX - Kedia Advisory
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GOLD

Gold trading range for the day is 47153-47931.

Gold prices were subdued as stocks marched higher and U.S. bond yields firmed, overshadowing a dovish ECB policy outlook and a softer dollar.

U.S. weekly jobless claims rise unexpectedly.

ECB pledges to keep interest rates low for even longer.

Physical gold demand in India and other major hubs weakened as consumers were put off by a rise in the yellow metal's price.

BUY GOLD AUG 2021 @ 47500 SL 47280 TGT 47750-47900.MCX

 

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