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MCX Gold October futures may fall to Rs 50800 this week; all eyes on Fed Chair Powell’s speech at Jackson Hole

By Jigar Trivedi MCX Gold October futures, having appreciated for four consecutive weeks, ended the previous week with a more than 2% drop. MCX Silver also declined by nearly 6% after Chinese economic data raised questions for the recovery in the region. Comex gold dropped to $1,749 an ounce, dropped by more than $50 or …

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