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HomeBusinessMCX Gold Expected to Trade Between ₹147,000‑₹152,000 per 10g
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MCX Gold Expected to Trade Between ₹147,000‑₹152,000 per 10g

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News Analysis IndiaReporter
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August 7, 2026
05:12 AM
MCX Gold Expected to Trade Between ₹147,000‑₹152,000 per 10g

Technical analysts project that MCX gold will oscillate within a ₹147,000 to ₹152,000 band per 10 grams in the coming days. After opening at ₹1,49,355 on Friday, the contract rose to ₹1,49,651, marking the day's peak at ₹1,49,648 and a trough of ₹1,49,164. The movement reflects a 0.53 percent increase on the day, driven largely by foreign exchange dynamics and the anticipation of a US‑Iran nuclear deal. Silver, meanwhile, posted a 1.13 percent rise to settle at ₹2,28,385 per kilogram, with its daily range of ₹2,27,481‑₹2,28,401. Internationally, gold and silver were up 0.56 percent and 1.43 percent respectively, reinforcing the bullish outlook for Indian precious‑metal traders.

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