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SILVER

Silver trading range for the day is 71317-73441.

Silver gained as U.S. Treasury yields pulled back, while investors awaited for key economic data this week that will shed light on the outlook for inflation.

The United States is getting closer to the Fed’s maximum employment and 2% inflation goals, Fed Governor Lael Brainard said

Data from the Institute for Supply Management showed factory activity in the country expanded at a slightly faster pace in May.

Traders also seem to be taking some profits ahead of the upcoming U.S. jobs data, due on Friday.

BUY SILVER JUL 2021 @ 72100 SL 71400 TGT 72900-73500.MCX

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