Powered by: Motilal Oswal
01-01-1970 12:00 AM | Source: Kedia Advisory
Silver trading range for the day is 63310-64570 - Kedia Advisory
News By Tags | #473 #5839

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

Silver 

Observations

Silver trading range for the day is 63310-64570

Silver dropped as hotter-than-expected U.S. inflation data fueledbets for a higher interest rate peak from the Federal Reserve

The dollar hovered near a seven-week peak and bond yieldsremained elevated, denting bullion's appeal.

Data showed U.S. consumer spending, increased by the most innearly two years last month amid a surge in wage gains

The Fed's preferred inflation gauge also accelerated, adding tomarkets fears the Fed will have to raise interest rates furthe

 

 

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 Disclaime