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2024-06-28 09:38:40 am | Source: Kedia Advisory
Buy Gold Aug @ 71400 SL 71200 TGT 71700-71900. MCX - Kedia Advisory

Gold

Observations

Gold trading range for the day is 70555-72205.

Gold gains as yield on the US 10-year Treasury note fell toward the 4.3% mark

Markets parsed a batch of economic data for hints on the Fed’s policy stance ahead of tomorrow’s key PCE update for May.

Data showed that recurring unemployment claims rose to their highest level since 2021 in the second week of June.

RBI’s overseas gold holding touches a six-year low

BUY GOLD AUG @ 71400 SL 71200 TGT 71700-71900. MCX

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