01-01-1970 12:00 AM | Source: Kedia Advisory
Buy Silver Sep 2023 @ 73500 SL 72700 TGT 74400-75000. MCX - Kedia Advisory
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SILVER

Observations

Silver trading range for the day is 73320-74620

Silver rose helped by a slight retreat in the dollar

U.S. annual inflation slows in June

The Federal Reserve raised the target range for the federal funds rate by 25bps to 5.25%-5.5% in July 2023

Both the U.S. central bank and the European Central Bank raised interest rates this week and kept the door open to further tightening.

 

BUY SILVER Sep 2023 @ 73500 SL 72700 TGT 74400-75000. MCX

 

 

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