Buy Silver SEP @ 71200 SL 70500 TGT 72200-72800. MCX - Kedia Advisory
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Silver
Silver trading range for the day is 71265-72405.
Silver gains on prospects that interest rates remain elevated for some time.
Fed to be persistent in its focus on inflation combat.
Solar panel companies are expected to make up 14% of global silver consumption, compared to 5% in 2014.
The CME FedWatch tool currently shows a probability of 11.5 percent for a rate hike of 25 basis points in the review due on September 20.
BUY SILVER SEP @ 71200 SL 70500 TGT 72200-72800. MCX
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