11-10-2024 11:48 AM | Source: Kedia Advisory
Buy Silver Dec @ 89800 SL 89200 TGT 90600-91200. MCX - Kedia Advisory

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SILVER

Observations

Silver trading range for the day is 87880-91830.

Silver gains as traders added to US rate cut bets after data

U.S. consumer prices rise slightly above expectations in September

Traders see an 88% chance of a 25 bp cut in November

The annual inflation rate in the US slowed to 2.4% in September, the lowest since February 2021

BUY SILVER DEC @ 89800 SL 89200 TGT 90600-91200. MCX

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