12-08-2021 02:50 PM | Source: Kedia Advisory
Buy Silver Mar 2022 @ 61650 SL 61100 TGT 62250-62600.MCX
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SILVER

Silver trading range for the day is 60805-62551.

Silver remained supported amid investor anxiety over Omicron's impact on the global economy.

The dollar index steadied and U.S. Treasury yields rose amid expectations that the Federal Reserve could tighten policy more aggressively to tame inflation.

Comments by Fed officials suggest that the U.S. central bank is likely to decide to double the pace of its taper to $30 billion a month at its December meeting.

A mixed U.S. jobs report did little to shake market expectations of a more aggressive tightening by the Federal Reserve.

BUY SILVER MAR 2022 @ 61650 SL 61100 TGT 62250-62600.MCX

 

 

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