Gold slips from nearly 4-month high

NEW DELHI-INDIA  (Aug 1) Gold prices slipped from nearly four-month high by losing Rs 475 to Rs 28,725 per 10 gm in the national capital Thursday on profit-selling by stockists at prevailing higher levels amid a weak global trend.

Silver also dropped by Rs 640 to Rs 41,620 per kg on lack of buying support from industrial units and coin makers.