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07-05-2022 10:59 AM | Source: Kedia Advisory
Buy Silver Sep 2022 @ 58000 SL 57200 TGT 59800-60500.MCX - Kedia Advisory
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SILVER

Silver trading range for the day is 57908-58916.

Silver prices remained supported amid the recent sharp decline in U.S. Treasury yields.

The dollar edged lower but hovered near record levels due to worries about slowing global growth.

Benchmark U.S. 10-year Treasury yields fell to their lowest level in a month after weak manufacturing and construction spending data

Traders are also likely to keep an eye on reports on factory orders, the U.S. trade deficit and service sector activity.

BUY SILVER SEP 2022 @ 58000 SL 57200 TGT 59800-60500.MCX

 

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