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Commodity Radar: Rupee’s record lows support gold prices. Can fresh base formation trigger upside?

byTeam Paisaseekho

Gold futures on MCX are holding above key support levels as rupee weakness nears record lows, boosting domestic prices despite global softness. Analysts say MCX gold is showing early signs of base formation, with consolidation above Rs 1.58 lakh potentially paving the way for further upside if momentum sustains. ​Markets-Economic Times

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byTeam Paisaseekho
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