MCX Gold looks positive on charts on weakness in Indian Rupee; support seen at 200-DMA of Rs 49700
By Bhavik Patel Gold market witnessed outflows in the ETF during the month of July. It coincides with the drop in prices where in July we saw gold going below $1700. Around 81 tonnes of outflow was seen in July. July was also the month where net short reached highest in the last 3 years. …