Buy Silver Dec 2022 @ 55500 SL 54800 TGT 56400-57200.MCX - Kedia Advisory
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SILVER
Silver trading range for the day is 55560-56714.
Silver prices fell as recession fears and incoming rate hikes took hold of investors’ forefront and supported demand for the US dollar’s safety.
Fed’s Kashkari was the latest policymaker to emphasize that the Federal Reserve needs to raise borrowing costs quickly
The Eurozone annual inflation rate was revised slightly down to 9.9 percent in September 2022 from a preliminary estimate of 10.0 percent
The Fed said industrial production rose by 0.4% in September after edging down by a revised 0.1% in August.
BUY SILVER DEC 2022 @ 55500 SL 54800 TGT 56400-57200.MCX
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