Gold trading range for the day is 48762-50376 - Kedia Advisory
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GOLD
Gold trading range for the day is 48762-50376.
Gold prices remained under pressure from a strong dollar and surging Treasury yields.
The US Federal Reserve led a raft of central bank rate hikes, delivering its third straight 75 basis point rate increase to bring down inflation.
Physical gold demand picked up in India as domestic prices fell ahead of key festivals.
India imports to jump in September.
BUY GOLD OCT 2022 @ 49200 SL 49000 TGT 49550-49700.MCX
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