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Buy Silver Jul 2021 @ 70900 SL 70000 TGT 71800-72600.MCX - Kedia Advisory
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SILVER
Silver trading range for the day is 68799-73385.
Silver gained as Treasury yields retreated while a weaker dollar lent further optimism to the bulls
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 @ 70900 SL 70000 TGT 71800-72600.MCX
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