
Gold prices on the Multi-Commodity Exchange (MCX) saw a slight decrease, trading at 135,690 per 10 grams as of 5:30 p.m. IST. Analysts suggest the market trend remains positive, with prices holding above key moving averages and within a rising channel. Support is noted at 134,500 and 133,500, while a move above 135,700 could push prices towards 136,000-136,500. The outlook favors buying on dips, supported by a stable rupee.
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