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21-10-2024 09:31 AM | Source: Kedia Advisory
Buy Silver Dec @ 94800 SL 94100 TGT 95600-96200. MCX - Kedia Advisory
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SILVER

Observations

Silver trading range for the day is 90780-97830.

Silver prices climbed tracking a rally in gold prices as uncertainties around the upcoming US election.

Moreover, upbeat economic data in China lifted the demand outlook in the world’s top metals consumer.

Total global silver demand is projected to rise to 1.219 billion ounces, a 2% increase from last year.

The market is expected to face a deficit of 215.3 million ounces, the second-largest shortfall in more than two decades.

BUY SILVER DEC @ 94800 SL 94100 TGT 95600-96200. MCX

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