2024-09-10 10:25:55 am | Source: Kedia Advisory
BUY SILVER DEC @ 83200 SL 82500 TGT 84000-84500. MCX - Kedia Advisory
SILVER
Observation
Silver trading range for the day is 81710-84730.
Silver gains as investors looked towards U.S. inflation data to gauge the size of an expected Fed rate cut.
Fed’s Daly said that the US central bank must calibrate policy to the evolving economy and cut policy rates
Prospects of a US recession and economic uncertainties in top consumer China continued to weigh on commodity markets.
Fed’s Goolsbee said that the longer-run trend of the labor market and inflation data justify easing interest-rate policy soon.
BUY SILVER DEC @ 83200 SL 82500 TGT 84000-84500. MCX
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