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MCX Gold prices are expected to trade positive. Buy at 84,600——84550 with a stop loss of 84,300 for a target of 85,030——85,333——85,555.
Gold and silver showed very high price volatility and gold prices hit $2,900 per troy ounce levels in the international markets for the first time. Gold prices also hit record highs in the domestic markets amid weakness in the rupee and profit taking in the dollar index.
