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24/05/2023 10:52:21 AM | Source: Kedia Advisory
Buy Silver Jul 2023 @ 71900 SL 71500 TGT 72600-73000. MCX - Kedia Advisory
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Buy Silver Jul 2023 @ 71900 SL 71500 TGT 72600-73000. MCX -  Kedia Advisory

Silver 

Observations

 

Silver trading range for the day is 70564-73250

 

Silver dropped as expectations grew that the Federal Reserve willkeep interest rates higher

 

Improved risk sentiment amid optimism about a U.S. debt ceilingdeal also weighed on prices.

 

Silver Institute predicts another substantial deficit in the market for2023, following a record shortfall in 2022.

 

Supply is expected to increase only slightly while demand is setto remain high

 

BUY SILVER Jul 2023 @ 71900 SL 71500 TGT 72600-73000. MCX

 

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