01-01-1970 12:00 AM | Source: Kedia Advisory
Gold trading range for the day is 59430-60320 -Kedia Advisory
Gold
*Gold trading range for the day is 59430-60320
*Gold steadied as market participants continue to focus on the U.S. Federal Reserve's interest rate strategy in their fight against surging inflation. Some pressure seen on hawkish remarks from Fed officials
*Elevated domestic prices kept physical gold demand muted across Asian hubs
*Demand was around 20% lower than normal as fewer people made bookings for Akshaya.
SELL GOLD Jun 2023 @ 60350 SL 60550 TGT 60000-59800. MCX
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