12-09-2024 10:59 AM | Source: Kedia Advisory
BUY SILVER DEC @ 84000 SL 83500 TGT 84700-85200. MCX - Kedia Advisory

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SILVER

Observation

Silver trading range for the day is 82330-86110.

Silver gains as there is fair amount of uncertainty around the size of the cut at next week's Federal Reserve meeting.

US core CPI, rose 0.3% in August, above forecasts of 0.2% and up from 0.2% in July.

Fed’s Daly said that the US central bank must calibrate policy to the evolving economy

The headline CPI rose 0.2% month-over-month and 2.5% annually, marking its fifth straight month of easing

BUY SILVER DEC @ 84000 SL 83500 TGT 84700-85200. MCX

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