Buy Silver JUL @ 276000 SL 273000 TGT 280000-282000. MCX - Kedia Advisory
SILVER
BUY SILVER JUL @ 276000 SL 273000 TGT 280000-282000. MCX
Observations
Silver trading range for the day is 268685-287945.
Silver gains on improving industrial demand outlook amid Iran war concerns.
The yield on the US 10-year Treasury note remained elevated above 4.4% on Tuesday, nearing the highs reached in March.
Headline US inflation accelerated to 3.8% in March, the highest level since March 2023 and above market expectations of 3.7%.
Fed is widely expected to keep interest rates on hold throughout the year
