Gold outlook: Precious metal heads towards Rs 50,000 per 10 gram; money managers raise net long positions

Gold outlook: Precious metal heads towards Rs 50,000 per 10 gram; money managers raise net long positions The yellow metal dropped in three out of five trading sessions on the MCX and ended the week with a gain of Rs 728. COMEX gold, on the other hand, rose $38 or 2.06 percent during the same period.

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