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31-05-2024 12:17 PM | Source: Kedia Advisory
Buy Silver Jul @ 93700 SL 93100 TGT 94600-95200. MCX - Kedia Advisory
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SILVER
Observations
Silver trading range for the day is 92310-96800.
Silver dropped as the dollar traded higher and U.S. Treasury yields remained elevated.
Fed’s Kashkari needs more positive inflation data before considering interest rate cuts.
U.S. economic activity expanded from April to May, but firms became pessimistic.
US GDP growth revised lower to 1.3% in Q1, due to slower consumer spending
BUY SILVER JUL @ 93700 SL 93100 TGT 94600-95200. MCX
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