08-10-2022 12:04 PM | Source: Kedia Advisory
Buy Silver Sep 2022 @ 58200 SL 57600 TGT 59000-59500.MCX - Kedia Advisory
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SILVER

* Silver trading range for the day is 58217-59599.

* Silver dropped on profit booking with traders looking ahead to U.S. inflation data, for clues about the central bank's interest rate moves.

*  A New York Federal Reserve survey pointed to a sharp decline in American consumers’ inflation expectations for the coming year

* The US economy unexpectedly added 528,000 jobs in July, more than double the 250,000 jobs economists predicted.

* Investors looked forward to US inflation data later in the week that could offer more clues on the Federal Reserve’s rate hike path.

BUY SILVER SEP 2022 @ 58200 SL 57600 TGT 59000-59500.MCX

 

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