27-11-2024 08:58 AM | Source: Kedia Advisory
Buy SILVER Dec @ 87800 SL 87200 TGT 88600-89200. MCX - Kedia Advisory

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Silver

Observations

Silver trading range for the day is 86740-89640.

Silver gains after President-elect Trump pledged to impose tariffs on imports from Canada and Mexico, and additional tariffs on China.

Bullion fell despite Trump pledging big tariffs on US three largest trading partners – Canada, Mexico, and China.

Federal Reserve officials say they are likely to keep reducing interest rates for now.

Markets currently estimate a 59.6% chance of a 25-basis-point U.S. rate cut in December.

BUY SILVER DEC @ 87800 SL 87200 TGT 88600-89200. MCX

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