IGI Logo

SILVER

Silver trading range for the day is 67330-71110.

Silver dropped as elevated Treasury yields as well as a firmer dollar countered support from uncertainty around the Russia-Ukraine conflict.

Ten-year U.S. inflation-linked bond yields are within touching distance of turning positive for the first time in two years.

Expectations that the U.S. Federal Reserve will tighten its monetary policy have continued to provide support to the dollar.

U.S. inflation is "far too high", St. Louis Federal Reserve Bank President James Bullard said

SELL SILVER MAY 2022 @ 69200 SL 70000 TGT 68400-67900.MCX

To Read Complete Report & Disclaimer Click Here

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer