Silver trading range for the day is 69040-70720 - Kedia Advisory
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SILVER
Observations
Silver trading range for the day is 69040-70720.
Silver fell as dollar firmed and renewed inflation worries spook investors.
However, downside seen limited amid solid industrial demand and tight supply.
Solar panel companies are expected to make up 14% of global silver consumption.
Traders shrugged off signs of cooling in the US labour market and softer-than-expected inflation reading.
BUY SILVER SEP @ 69400 SL 68600 TGT 70500-71500. MCX
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