Sell Silver Dec 2022 @ 61800 SL 62500 TGT 61200-60500.MCX - Kedia Advisory
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SILVER
Silver trading range for the day is 60500-63590.
Silver dropped as investors continued to assess how high the Federal Reserve will raise interest rates in its coming meetings.
The yield on the US 10-year Treasury note fell below 3.8%, the lowest since early October
The dollar depreciated more than 1% to 105.6, the lowest since August 12th.
Money markets believe that the Fed will raise its target funds rate by 50bps in its December meeting
SELL SILVER DEC 2022 @ 61800 SL 62500 TGT 61200-60500.MCX
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