Wednesday 17 September 2014
Today's Gold and Silver Prices
Gold prices are expected to have intraday resistance at $1227 i.e. Rs.26800 Rs26830 and selling can be seen there. Prices on lower side can extend the fall towards $1205 i.e. Rs.26550-Rs.26570 and there will sharp recovery from this point. Prices should not move above $1233 i.e. Rs.26900 to maintain negative outlook for the day.
Silver December prices are expected to have resistance at Rs.41000-Rs 41100 and selling can be seen there. Prices are expected to test Rs.40400 and Rs.40200. Prices should not move above Rs.41250 to maintain negative outlook for the day.
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Gold prices are likely to bottom out between $1,170 and $1,200 in 2015 as the US economy slowly returns to normal.
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