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Buy Silver DEC 2021 @ 63300 SL 62800 TGT 63900-64200.MCX - Kedia Advisory
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SILVER
Silver trading range for the day is 62221-64349.
Silver rose as the dollar retreated after a slower-than-expected rise in U.S. inflation cast doubts over the U.S. Federal Reserve's tapering timeline
The recent data could reinforce the view that the Fed may go slow on unwinding economic support measures and keep interest rates low
The inflation data comes on the heels of comments from several Fed officials that the central bank should begin tapering asset purchases this year.
The Federal Open Market Committee (FOMC) is scheduled to next meet on Sept. 21-22.
BUY SILVER DEC 2021 @ 63300 SL 62800 TGT 63900-64200.MCX
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