09-12-2022 12:36 PM | Source: Kedia Advisory
Buy Silver Dec 2022 @ 54500 SL 53800 TGT 55400-55800.MCX - Kedia Advisory
SILVER
Silver trading range for the day is 54105-55665.
Silver rose amid the sharp retreat for the US dollar as investors continued to assess the extent that the Federal Reserve will tighten policy.
Investors absorb hawkish messages from Fed Chair Jerome Powell and ECB chief Christine Lagarde.
Consumer credit in the United States increased by USD 23.81 billion in July of 2022
ECB raised interest rates by a record 75 basis points and signaled further hikes to tame runaway inflation.
BUY SILVER DEC 2022 @ 54500 SL 53800 TGT 55400-55800.MCX
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