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MCX Gold is trading down about 1 percent. Mcx Silver is a dull business. MCX Gold is trading at 27 619 rupees per 10 grams on. However, with small edge on MCX silver is close to 58,000. Mcx Gold may get affected by the global cues a strong US Q3 GDP spurred investor confidence in the world’s largest economy. Q3 2011 GDP at 2.5% is the strongest of the year. First time unemployment claims in the US fell by 2000 to 402,000 for the week ended Oct 22 as per data by the Labor Department. These news may give the investors added support and relief which will result into the weaken demand of the Gold. However base metals and precious metals rallied almost for the fifth week in row. Bullion Mcx
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