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Gold prices slump Rs 120 on low demand-

Gold and silver prices plunged in domestic futures market on Wednesday on slump in demand of the bullion by local jewellers.

The MCX Gold was trading at Rs 31,815 per 10 grams, down by Rs 120, while MCX Silver was trading Rs 52 lower at Rs 38,279 a kilo around 10:30 am.

Gold inched up in global markets but gains remained capped as the US dollar held near a one-month high against its global peers.

REGARDS,
TECHNICAL DEPARTMENT
TRADE MAX INDIA