Powered by: Motilal Oswal
03-01-2023 10:50 AM | Source: Kedia Advisory
Gold trading range for the day is 54900-56230 - Kedia Advisory
News By Tags | #473 #5839

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

Gold

Observations

Gold trading range for the day is 54900-56230

Gold gained as investors digest the latest economic data and tryto gauge the next monetary policy steps.

.Fed’s Philip Jefferson defended the central bank’s 2% inflationtarget, warning that changing it could destabilize inflationexpectations

Fed might raise policy rates to 6% - BofA

Money markets have now priced at least three more 25 basispoint rate hikes this year and see interest rates peaking at around5.5% by June

 

 

To Read Complete Report & Disclaimer Click Here

 

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaime