18-10-2023 11:27 AM | Source: Kedia Advisory
Buy Silver DEC @ 71000 SL 70200 TGT 71800-72500. MCX - Kedia Advisory

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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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