04-10-2024 09:28 AM | Source: Kedia Advisory
Buy Silver Dec @ 92500 SL 91800 TGT 93300-93800. MCX - Kedia Advisory

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SILVER

Observation

Silver trading range for the day is 90775-94325.

Silver rose as Middle East tensions drove investors toward safe-haven.

Prices has recently benefited from expectations of rate cuts by the Fed and other central banks.

The number of people claiming unemployment benefits in the US rose by 6,000 from the previous week to 225,000.

Additionally, demand for silver has been supported by China's fiscal and monetary stimulus.

 

BUY SILVER DEC @ 92500 SL 91800 TGT 93300-93800. MCX

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