Buy Silver DEC 2021 @ 65400 SL 64800 TGT 66200-66600.MCX - Kedia Advisory
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SILVER
Silver trading range for the day is 63876-66626.
Silver rose as long-lasting inflation poses a threat to the global economy.
Upside in the metal was capped by elevated Treasury yields prompted by hawkish commentary from Federal Reserve Governor Christopher Waller.
Fed’s Waller said that policymakers may need to adopt "a more aggressive policy response" next year to dampen down price pressures.
Waller also said that the Fed should start cutting back its bond purchases (tapering) in November.
BUY SILVER DEC 2021 @ 65400 SL 64800 TGT 66200-66600.MCX
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