2016 September 21

MCX gold at crucial base zone

  Last week, the gold futures contract traded on the Multi Commodity Exchange (MCX) fell 1.3 per cent, decisively breaching its 21- and 50-day moving averages and closed at `30,813 per 10 gm. The contact also closed below the key support at `31,000. But it advanced `122 or 0.4 per cent to trade

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