MCX Gold Futures Face Profit Booking After Strong Rally

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MCX Gold October futures are experiencing profit booking following a sustained upward rally over recent trading sessions. Prices are currently hovering in the range of Rs 1,52,400 to Rs 1,52,600 on the exchange. The recent price surge appears to be meeting resistance at these levels. Traders and analysts are watching closely to see whether the rally will sustain or give way to further consolidation on August 14.

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