2024-06-07 09:44:54 am | Source: Kedia Advisory
Buy Silver Jul @ 93400 SL 92800 TGT 94400-95200. MCX - Kedia Advisory
Silver
Observations
Silver trading range for the day is 89790-95910.
Silver rose as investors are increasingly convinced the Fed may deliver the first-rate cut in September.
The US 10-year Treasury note yield was around 4.3%, holding close to two-month lows.
Initial unemployment claims unexpectedly soared to their highest since the eight-month high in early May
Signs of a softening job market in the US compounded pressure on dollar from a more hawkish outlook for the ECB
BUY SILVER JUL @ 93400 SL 92800 TGT 94400-95200. MCX
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