Bullions: Gold futures may trade sideways with some short covering seen at lower levels. Gold may trade in range of 27,900-28,150 while silver march contract can trade in range of 57,500-59,000. Recently sentiment turned bearish when market participants interpreted the ECB move and Bernanke`s remarks as the possible end of further monetary easing. However, a recent oil rally and possible emerging-market or central-bank buying at lower prices and upcoming physical demand from India could support gold prices.......
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