BusinessPhoto: News18Hi BusinessGold Price Falls; Could Drop to ₹1.47 Lakh by Dussehra, Experts Say
On October 13, gold prices on MCX fell by ₹145 to ₹1,49,398 per 10 grams. Research by Shunya indicates gold is trading within a limited range. Breaking the resistance at ₹1,51,760 could push prices to ₹1,54,500, while falling below the support at ₹1,47,900 may lead to a drop to ₹1,44,500. An ascending triangle pattern on the hourly chart is also significant for gold's next move.
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