Gold trading range for the day is 50330-51140 - Kedia Advisory
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GOLD
Gold trading range for the day is 50330-51140.
Gold jumped amid reports that some G7 member countries are planning to officially ban new bullion imports from Russia for its invasion of Ukraine.
The dollar's weakness in international markets and lower Treasury yields also offered some support for the yellow metal.
G7 to announce ban on import of new Russian gold- U.S. official
China's net gold imports via Hong Kong rise 58.3% in May vs April
BUY GOLD AUG 2022 @ 50500 SL 50300 TGT 50800-51000.MCX
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