BUY SILVER Sep 2023 @ 69800 SL 69300 TGT 70800-71500. MCX - Kedia Advisory
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SILVER
Observations
Silver trading range for the day is 68908-72370
Silver dropped as the U.S. private-sector job growth surged higher in June
Silver production out of Peru contracted by 7% year-on-year in the first four months of 2023
Growing demand for solar panels, especially in China, increases the share of silver as an industrial input.
Solar panel companies are expected to make up 14% of global silver consumption, compared to 5% in 2014.
BUY SILVER Sep 2023 @ 69800 SL 69300 TGT 70800-71500. MCX
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