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20-06-2024 09:28 AM | Source: Kedia Advisory
Buy Silver Jul @ 89000 SL 88400 TGT 89700-90500. MCX - Kedia Advisory

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Silver

Observations

Silver trading range for the day is 88425-90045.

Silver gains as lacklustre U.S. economic activity fuelled expectations that Fed would cut interest rates this year.

Dollar fluctuated due to lackluster US economic activity in Q2.

Fed officials stressed commitment to based on incoming economic data.

New York Federal Reserve President John Williams stated gradual interest rate reduction as inflation eases.

BUY SILVER JUL @ 89000 SL 88400 TGT 89700-90500. MCX

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