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Bullion: Gold
trade higher in Asian trade today after weak dollar and equities. U.S. gold
futures GCcv1 rose 0.27 percent to $1,280.40.US Dollar weakened against the yen
on positive Japan economy data.
Yesterday
data showed U.S consumer prices recorded their biggest increase in more than
three years in April as gasoline and rents rose, pointing to a steady inflation
build-up that could give the Fed ammunition to raise interest rates later this
year. Other data showed housing starts and industrial production rebounded
strongly last month.
"BUY
SILVER BETWEEN 41100-41120 TGT 41500-41700 SL 40700"
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