Sell Silver Sep 2023 @ 76500 SL 77500 TGT 75400-74800. MCX - Kedia Advisory
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Silver
Observations
Silver trading range for the day is 74746-76750
Silver gains amid concerns of low supply and stronger industrial demand.
Prices was also supported by soft inflation data in the US, paring hawkish expectations for the Fed.
The markets anticipate one 25 bps rate hike at the Fed's July 25-26 meeting for this year, per CME's Fedwatch tool.
Perth Mint's sales of silver hit their lowest levels in six months.
SELL SILVER Sep 2023 @ 76500 SL 77500 TGT 75400-74800. MCX
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