Buy Silver Jul 2022 @ 59500 SL 59000 TGT 60500-61000.MCX - Kedia Advisory
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SILVER
Silver trading range for the day is 58573-62569.
Silver fell as investors became increasingly worried about the economic outlook and more aggressive tightening moves by the US Fed.
Red-hot US inflation data lifted the dollar and Treasury yields and dented demand for the safe-haven bullion.
The Federal Reserve is set to continue its tightening path this week after headline inflation rose to 41-year highs in May.
Fresh CPI figures for the US showed the inflation rate unexpectedly accelerated in May to 41-year highs
BUY SILVER JUL 2022 @ 59500 SL 59000 TGT 60500-61000.MCX
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