18-10-2023 11:27 AM | Source: Kedia Advisory
Buy Silver DEC @ 71000 SL 70200 TGT 71800-72500. MCX - Kedia Advisory
SILVER
Observations
Silver trading range for the day is 69990-72790.
Silver gains as investors sought refuge in safe-haven assets amid the escalation in the conflict between Israel and Islamist group Hamas.
The greenback also continued to benefit from safe-haven demand amid the ongoing Israel-Hamas conflict.
Fed’s Harker stated that the central bank should avoid creating new economic pressures by raising borrowing costs.
Manufacturing production in the US rose 0.4% from a month earlier in September 2023
BUY SILVER DEC @ 71000 SL 70200 TGT 71800-72500. MCX
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