COMEX Gold has witnessed good recovery from lows near $1,270 per ounce levels and currently trades at $ 1,280.80 per ounce,
However a correction below Rs 29,800 can prove decimating for Gold June futures.
The gains are expected to get limited towards Rs 30,375 and 30,400 per 10 grams can happen in Gold June prices in coming week.
The precious metals are currency down 0.4-0.8 percent on the MCX.
On the lower side Rs 30,200 per 10 grams is acting as a support zone,
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