Buy Silver Jul 2021 @ 71800 SL 71300 TGT 72500-73200.MCX - Kedia Advisory
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SILVER
Silver trading range for the day is 70149-74357.
Silver prices dropped tracking weakness in base metals and crude oil prices amid concerns persist about higher inflation and a possible policy tightening by Fed.
Data showed that U.K. inflation more than doubled to 1.5 percent in April.
Eurozone inflation also accelerated, as initially estimated to a two-year high in April, driven by higher energy prices, final data from Eurostat revealed.
Iceland's central bank raised its key interest rate by a quarter-basis point today, citing higher inflationary pressures.
BUY SILVER JUL 2021 @ 71800 SL 71300 TGT 72500-73200.MCX
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