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Market move▼ Bearish for MCX
Gold Loses Shine: Yellow Metal Prices Fall By Over Rs 3,000 To Below Rs 1,50,000
The brief
- October MCX gold futures fell 1.92% to Rs 1,47,989 on Sept. 28
- Prices tested support near Rs 1,47,300-Rs 1,48,000
- Lower gold prices affect MCX traders and Indian gold-loan companies’ collateral values