''Gold prices are expected to have resistance at USD 1,285 i.e. Rs 27,920 and selling can be seen there. On lower side prices can test USD 1,270 i.e. Rs 27,600 and a close below this level will take prices towards Rs 27,300 in coming days. Prices should not move above Rs 28,050 to maintain negative outlook for the day,'' said Emkay Commotrade.

''Silver prices are expected to have channel line support at Rs 41,900 and bounce can be seen there. On higher side prices have crucial resistance at Rs 42,500 and fresh upside can be seen only above this else prices can remain in this range. Prices on lower side should not fall below Rs 41,600 else further selling can be seen.''

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