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24-09-2024 10:36 AM | Source: Kedia Advisory
Buy Silver Dec @ 88500 SL 87800 TGT 89400-90000. MCX - Kedia Advisory

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SILVER

Onservation

Silver trading range for the day is 87375-91155.

Silver dropped as a stronger dollar prompted some investors to book profits.

The US central bank kicked off its easing campaign with a large 50 basis point rate cut in September and signaled further rate reductions.

Markets still expect Chinese policymakers to introduce more stimulus to prop up the economy

China unexpectedly kept key lending rates unchanged this week even as the Fed’s aggressive rate cut provided room to ease policy.

BUY SILVER DEC @ 88500 SL 87800 TGT 89400-90000. MCX

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