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08-11-2022 09:52 AM | Source: Kedia Advisory
Buy Silver Sep 2022 @ 58500 SL 57800 TGT 59300-600 - Kedia Advisory
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SILVER

Silver trading range for the day is 57939-59865.

* Silver rose after US CPI figures for July came below expectations.

* Annual inflation rose by 8.5%, retreating sharply from the 40-year high of 9.1% in the prior month

* US wholesale inventories revised slightly lower

* The possibility of slower monetary tightening by the Fed dampened demand for the dollar and drove investors into the safety of bullion.

BUY SILVER SEP 2022 @ 58500 SL 57800 TGT 59300-600

 

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