2024-11-27 08:58:35 am | Source: Kedia Advisory
Buy SILVER Dec @ 87800 SL 87200 TGT 88600-89200. MCX - Kedia Advisory
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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