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Buy Silver Jul 2022 @ 64000 SL 63400 TGT 64800-65400.MCX - Kedia Advisory
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SILVER
Silver trading range for the day is 63280-65944.
Silver dropped as impending interest rate hikes from the Federal Reserve to bring down 40- year high inflation weighed on the metal.
U.S. consumer spending increased more than expected in March amid strong demand for services, while monthly inflation surged by the most since 2005.
Investors also remained concerned about soaring inflation and supply chain issues exacerbated by the Ukraine war.
Fed officials have aligned around plans to accelerate rate hikes this year to combat inflation
BUY SILVER JUL 2022 @ 64000 SL 63400 TGT 64800-65400.MCX
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