MCX Gold Price Drops 0.44%, Ends Rally on Profit-Booking and US Dollar Strength
The MCX Gold Price Today saw a decisive decline on Friday, effectively ending its nine-week rally. The December futures contract dropped 0.44%, settling at ₹123,552 per 10 grams. This downturn is primarily attributed to significant investor profit-booking following the precious metal’s recent record highs (mcxindia.com). The selling pressure was amplified by a stronger US dollar…