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COMEX Gold futures fell from a three-week high due to some corrective action. The US dollar index showed a slight recovery after a significant decline, impacting gold prices. Gold is currently trading at $4160 per ounce, down 1% for the day, with a total increase of around 2% this month after a 12% drop in June. Demand from India is expected to be weak, influenced by the upcoming monsoon. MCX Gold futures for October are at Rs 143630 per 10 grams, down 0.84%.
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