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SILVER

Silver trading range for the day is 60469-62401.

Silver rose with support from a slight retreat in the dollar ahead of the FOMC minutes release.

Signs of low supply also lifted prices, as inventories at New York’s COMEX fell 70% in the last 18 months to just over 1 million tonnes.

Stocks at the London Bullion Market Association fell for the 10th straight month to a record-low 27.1 thousand tonnes.

Data showed Eurozone economic activity contracted for a fifth consecutive month in November.

BUY SILVER DEC 2022 @ 61200 SL 60700 TGT 61800-62200.MCX

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