Silver is consolidating in the range of 61300-62900 where move above 62900 - Swastika Investmart
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Daily Commodity Market Updates
News in headline:
* Oil prices inch higher ahead of U.S. inventories data
* High fuel prices could erode public support for energy transition, Chevron CEO says
* Oil Inventories in Surprise 1.8M Barrel Increase Last Week: API
Chart of the day:
SILVER: SILVER is consolidating in the range of 61300-62900 where move above 62900 can lead some upside towards 63200-63500 while if it slips below 61300 it may head towards 61000-60700 zone.
Technical View:
* Bullion: Day trend is indicating uptrend in Gold & Silver.
* Energy: Day trend is indicating uptrend in Crude oil & Natural gas.
* Base metals: Day trend in base metal is indicating sideways to upside.
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