15-11-2023 11:16 AM | Source: Kedia Advisory
Buy Silver DEC @ 71200 SL 70700 TGT 71800-72300. MCX - Kedia Advisory

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Silver

Silver trading range for the day is 69030-73110.

Silver rose as investors dumped the dollar after data showed that the US inflation rate slowed more than expected in October.

The annual inflation rate in the US slowed to 3.2% in October, the lowest since July

The U.S. Federal Reserve's stance on interest rates remains a topic of intense focus as officials signal a commitment to taming inflation

China’s silver output was 1,297.933 mt (including 962.933 mt of mineral silver), down 4.1% MoM and 7.1% YoY.

BUY SILVER DEC @ 71200 SL 70700 TGT 71800-72300. MCX

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