Published on 14/05/2021 11:44:18 AM | Source: Kedia Advisory
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SILVER
* Silver trading range for the day is 69731-71211.
* Silver prices dropped as dollar held on to its gains after a surprisingly large rise in U.S. consumer prices fanned inflation fears.
* Fewer Americans filed new claims for unemployment benefits last week, as companies held on to their workers
* Data showed that U.S. consumer prices increased by the most in nearly 12 years in April
* Fed’s Richard Clarida said that weak job growth and strong inflation in April had not changed the central bank’s plan to maintain loose monetary policy.
BUY SILVER JUL 2021 @ 71400 SL 70800 TGT 72200-72800.MCX
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