MCX gold December is trading at Rs 27337 after opening at Rs 27510 while Comex gold December is trading at $1719, down $27.3
apanese government intervened in the foreign exchange market to weaken the Yen. This sent the dollar on a surge of 1% against a basket of currencies. Stronger dollar exerts pressure on dollar denominated commodities like gold. Comex prices had risen to $1746 only to fall down to currently trade at $1719.
Technical target by Angel Commodities for October 31
Support seen at Rs 26620 and Rs 27103 while Resistance expected at Rs 27658 and Rs 28292 For the latest updates PRESS CTR + D or visit Stock Market news Today
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