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Gold prices may slide to USD 1,258: Emkay
Source: IRIS | 03 Sep, 2014, 10.50AM
Rating: NAN / 5 stars.
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''Gold prices are expected to have resistance at USD 1,273 i.e. Rs 27,680 and selling can be seen there. Prices on lower side can slide to USD 1,258 i.e. Rs 27,400. Prices should not move above Rs 27,800 to maintain negative outlook for the day,'' said Emkay Commotrade.

''Silver December prices are expected to have resistance at Rs 42,500 and selling can be seen there. On lower side prices can test Rs 41,700 and again pull back can be seen there. Prices should not move above Rs 42,900 to maintain negative outlook for the day,'' it added.

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