17-09-2024 10:35 AM | Source: Kedia Advisory
BUY SILVER DEC @ 89000 SL 88400 TGT 89800-90400. MCX - Kedia Advisory

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SILVER

Onservation

Silver trading range for the day is 88395-91005.

Silver prices gained amid prospects of a U.S. interest rate cut.

The latest data showed U.S. producers saw mixed price pressures last month.

Data showed that industrial output, retail sales and fixed asset investments in China missed forecasts in August.

Traders' expectations are for a 63% chance of a cut of 50 basis points, according to the CME FedWatch tool.

BUY SILVER DEC @ 89000 SL 88400 TGT 89800-90400. MCX

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