09-10-2023 11:01 AM | Source: Kedia Advisory
Buy Silver DEC @ 68000 SL 67400 TGT 68800-6930. MCX - Kedia Advisory

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Silver

Observations

Silver trading range for the day is 66015-69375.

Silver rose on short covering underpinned by tight supply

However stronger-than-expected job report for the US supported the case for one more hike by the Fed

Silver serves both as an investment asset and a key component in various industries, including jewelry, electronics, electric vehicles, and solar panels

The silver market has been facing a supply deficit, with mining production unable to keep up with demand.

BUY SILVER DEC @ 68000 SL 67400 TGT 68800-6930. MCX 




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