Buy Silver Jul 2022 @ 61000 SL 60400 TGT 61800-62400.MCX - Kedia Advisory
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SILVER
Silver trading range for the day is 59588-62738.
Silver rose as an equity sell-off deepened amid expectations that the tightening of monetary policy in US will be an extended process.
The dollar edged lower and U.S. bond yields retreated, helping offer some respite for bullion in the short term.
Fed’s Evans said that the Fed aims to reach a neutral rate -- the rate at which the economy is stable -- sooner rather than later
CB policymakers expressed concerns over high inflation and agreed that a gradual normalisation of the monetary policy should continue.
BUY SILVER JUL 2022 @ 61000 SL 60400 TGT 61800-62400.MCX
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