BUY GOLD FEB @ 61100 SL 60900 TGT 61400-61600. MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 60840-61520.
Gold steadied as investors digested fresh economic data from the US
The US headline and core producer inflation came below forecasts for November, indicating the easing in the price pressures
Robust US jobs report and upside risks to inflation could prompt policymakers to take a less dovish stance than what market participants anticipate.
Indian dealers were offering discounts of up to $14 an ounce over official domestic prices up from the last week's $9 discounts.
BUY GOLD FEB @ 61100 SL 60900 TGT 61400-61600. MCX
