MCX Evening Update: Bullion futures weak, Gold slides around 1%

MCX Gold futures stayed slippery today as previous closing levels of 159663 per 10 grams acted as touch upside resistance in afternoon trades. The counter currently trades at Rs 158150 per 10 grams, down 0.95% on the day. It had dipped near Rs 157000 per 10 grams mark in morning. The open interest in the counter has surged sharply. MCX Silver has lost 0.38% at Rs 238719 per kg.

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