Buy Silver Jul 2021 @ 69100 SL 68600 TGT 69800-70500.MCX - Kedia Advisory
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SILVER
Silver trading range for the day is 67625-69519.
Silver prices dropped as dollar and yields on bonds rose as US economy advanced at an annual rate of 6.4% in the first quarter of 2021
Benchmark U.S. 10-year Treasury yields hovered near a more than two-week high, increasing the opportunity cost of holding non-yielding bullion.
A report from the Commerce Department said personal income in the U.S. soared by 21.1% in March after plunging by a revised 7% in February.
The consumer sentiment index rose from 84.9 in March to reach its highest level since hitting 89.1 in March of 2020.
BUY SILVER JUL 2021 @ 69100 SL 68600 TGT 69800-70500.MCX
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