01-01-1970 12:00 AM | Source: Kedia Advisory
Buy Silver Sep 2023 @ 74600 SL 73800 TGT 75400-76200. MCX - Kedia Advisory
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SILVER

Observations

Silver trading range for the day is 72952-76610 

Silver rose supported by low supply and strong industrial demand The dollar index fell toward 100, sinking to its weakest levels in over a year

Fed is still seen raising rates by 25 basis points this month, while traders scaled back bets of any further rate increases this year

Solar panel companies are expected to make up 14% of global silver consumption, compared to 5% in 2014.

BUY SILVER Sep 2023 @ 74600 SL 73800 TGT 75400-76200. MCX

 

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