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Published on 30/07/2021 1:13:39 PM | Source: Kedia Advisory

Buy Silver Sep 2021 @ 67800 SL 67400 TGT 68300-68800.MCX - Kedia Advisory

Posted in Commodities Reports| #Commodity Tips #Kedia Advisory

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SILVER

Silver trading range for the day is 66005-69587.

Silver rose amid softening dollar and signal by the US Federal Reserve that is in no rush to taper stimulus.

Fed left the target range for its federal funds rate unchanged at 0-0.25% and bond-buying at the current $120 billion monthly paces.

U.S. Federal Reserve’s reassurance that interest rate hikes remain distant helped put the brakes on the U.S. currency.

The U.S. economy likely gained steam in the second quarter, with the pace of growth probably the second fastest in 38 years.

BUY SILVER SEP 2021 @ 67800 SL 67400 TGT 68300-68800.MCX

 

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