After a decline below Rs 24900 per 10 grams, Gold showed recovery in intra day trades on MCX. The session for Wednesday was critical in terms of trading swings. The prices ended the day at Rs 24973 per 10 grams on 29 July 2015 against Rs 24929 per 10 grams on 28 July 2015. Resistance for Gold is towards Rs 25000 and Rs 25100. Supports in Gold towards Rs 24800 are active. Gold price tested a high of Rs 25045 per 10 grams on 29 July 2015 and a low of Rs 24883 per 10 grams. Open Interest for June contract was at 5812 as on 29 July 2015 against 5533 on 28 July 2015.
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