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Published on 18/08/2022 11:40:03 AM | Source: Kedia Advisory

Buy Silver Sep 2022 @ 56500 SL 55900 Tgt 57200-57800.Mcx -Kedia Advisory

Posted in Commodities Reports| #Commodity Tips #Kedia Advisory

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SILVER

Silver trading range for the day is 55932-58482.

Silver dropped as a stronger dollar spooked investors away from the non-yielding metal.

US retail sales stalled in July, indicating that sky-high inflation continued to curb consumer spending.

Interest-rate worries were back in focus after data showed Britain's inflation rate rose to a new 40-year high of 10.1 percent in July.

Preliminary data from Eurostat revealed that growth in the Eurozone slowed slightly in the second quarter.

BUY SILVER SEP 2022 @ 56500 SL 55900 TGT 57200-57800.MCX

 

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