07-10-2023 11:28 AM | Source: Kedia Advisory
Buy Silver Sep 2023 @ 70800 SL 70300 TGT 71800-72500. MCX - Kedia Advisory
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Silver

Observation

Silver trading range for the day is 69638-72230

Silver rose after weaker U.S. nonfarm payrolls numbers

Support also seen amid low supply and strong industrial demand

Labour department data showed nonfarm payrolls came in well below expectations last month

Solar panel companies are expected to make up 14% of global silver consumption, compared to 5% in 2014.

BUY SILVER Sep 2023 @ 70800 SL 70300 TGT 71800-72500. MCX

 

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