07-03-2023 10:31 AM | Source: Kedia Advisory
Buy Silver Jul 2023 @ 69500 SL 68800 TGT 70300-70800. MCX - Kedia Advisory
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Silver

Observations

Silver trading range for the day is 68480-70970

Silver gains after slowdown in annual rate of consumer price growth.

The core PCE price index rose by 4.6% annually in May, underscoring the stickiness in inflation

Fed Powell said that it will take time to bring inflation back down to the 2% target and alluded to two more rate increases this year.

Personal spending in the United States edged up by 0.1 percent in May 2023

 

BUY SILVER Jul 2023 @ 69500 SL 68800 TGT 70300-70800. MCX

 

 

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