01-09-2023 12:07 PM | Source: Kedia Advisory
Gold Trading range for the day is 55110 - 56110 - Kedia Advisory
Gold
Gold Trading range for the day is 55110 - 56110
Gold prices shot up as Treasury yields fell afternon-farm U.S. payrolls data cemented expectationsof a less-hawkish Fed
Nonfarm payrolls increased 223,000 in Dec. vs.200,000 expected
Fed funds futures traders increased bets the Fed willhike rates by 25 basis points at its Feb. 1 meeting to67% from 54% before the data
Indian dealers offer discounts of up to $32
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