Gold prices experienced volatility last week, dropping nearly 3% to a low of $3120 per Oz before rebounding to close above $3200. This fluctuation comes amidst global uncertainties, including a US credit rating downgrade and mixed economic signals, while geopolitical tensions remain high. For the upcoming week, gold is projected to trade between Rs 89,500 and Rs 95,800, with key support at $3,150-$3,080, and investors may consider selling if prices fall below Rs 92,300, anticipating further downside.
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