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Buy Silver Dec 2022 @ 61400 SL 60800 TGT 62200-62600.MCX - Kedia Advisory
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Silver
Silver trading range for the day is 59617-63451.
Silver gains as dollar dropped after prices dropped as China denied it was considering easing its zero-Covid policy pressuring demand for silver jewellery.
Sales of silver jewellery from major consumer China have been under pressure from Covid-related restrictions for over two years
The NFIB Small Business Optimism Index in the United States fell to a three-month low of 91.3 in October of 2022
Investors focus shifted to the U.S. consumer inflation report, due on Thursday that could shed more clues on the Fed's monetary policy tightening stance.
BUY SILVER DEC 2022 @ 61400 SL 60800 TGT 62200-62600.MCX
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