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Buy Silver Jul 2021 @ 69500 SL 68800 TGT 70200-70800.MCX - Kedia Advisory
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SILVER
Silver trading range for the day is 67482-72502.
Silver settled lower as the dollar firmed amid likelihood of an increase in interest rates sometime in the foreseeable future.
Silver exchange traded funds could continue to outperform their gold counterparts as improving industrial demand helps support the rally.
Global industrial silver production is expected to grow 8% this year due to strong demand for consumer electronics and solar
The price for silver is expected to peak at $32 per ounce later this year and its average price to increase 33% over 2020 - Silver Institute.
BUY SILVER JUL 2021 @ 69500 SL 68800 TGT 70200-70800.MCX
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