Buy Silver Jul 2023 @ 72000 SL 71500 TGT 72600-73000. MCX - Kedia Advisory
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Silver
Silver trading range for the day is 71562-73610
Silver rose as the dollar index hovered near a five-week low below 103
The repo rate cut by China's central bank also boosted the flow of money into industrial commodities.
European Central Bank raised rates by 25 basis points to a 22-year high and signaled another hike in July.
Investors are pinning hopes that the Federal Reserve will not follow through with more rate hikes.
BUY SILVER Jul 2023 @ 72000 SL 71500 TGT 72600-73000. MCX
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