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Gold

Gold trading range for the day is 46888-47512

Gold held steady amid growing concerns over a global economic slowdown due to a spike in COVID-19 infections underpinned the safe-haven metal.

Worries over a slowing economic recovery and possible tapering from the Federal Reserve dented appetite for riskier assets.

Physical gold demand moderated in top hubs as a rebound in domestic prices and a seasonal lull slowed market activity.

Jewellers across the country have planned to go on a strike on Aug. 23 to oppose a government move to make hallmarking of gold jewellery

SELL GOLD OCT 2021 @ 47350 SL 47550 TGT 47050-46850.MCX

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