01-10-2023 11:26 AM | Source: Kedia Advisory
Gold Trading range for the day is 55580 - 56320 - Kedia Advisory
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Gold

Gold Trading range for the day is 55580 - 56320

Gold rose as the dollar slipped on bets for slower U.S.interest rate hikes, while investors also cheered topbullion China reopening its borders.

Investors have also started slowly increasing theirholdings in ETFs, indicating positive sentiment in gold

Cenbank buying new focus area for gold

China held 64.64 million fine troy ounces of gold, as ofend-December

 

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