06-02-2022 11:18 AM | Source: Kedia Advisory
Buy Silver Jul 2022 @ 60800 SL 60200 TGT 61500-62000.MCX - Kedia Advisory
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SILVER

Silver trading range for the day is 60050-62484.

Silver recovered on short covering on concerns over higher inflation and the Federal Reserve's tightening cycle.

U.S. treasury yields rose, with the benchmark 10-year yield touching 2.87 percent

U.S. manufacturing activity picked up in May as demand for goods remains strong, which could further allay fears of an imminent recession

The Federal Reserve is set to start shrinking its $8.9 trillion balance sheet.

BUY SILVER JUL 2022 @ 60800 SL 60200 TGT 61500-62000.MCX

 

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