Silver trading range for the day is 60391-62729 - Kedia Advisory
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Silver
Silver trading range for the day is 60391-62729.
Silver dropped on profit booking after prices rose as signs of progress in China's effort to bring coronavirus outbreaks under control spooked investors away from dollar.
The precious metal has been benefiting from safe-haven demand stemming from persistent geopolitical tensions
Fed’s Bullard reiterated his view that the U.S. central bank ought to raise interest rates to 3.5% this year to get high inflation more quickly under control.
ECB likely to get out of negative rates by September, Lagarde says
BUY SILVER JUL 2022 @ 60800 SL 60300 TGT 61500-62000.MCX
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