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2023-11-30 11:03:02 am | Source: Kedia Advisory
Buy Silver Mar @ 76500 SL 75800 TGT 77500-78000. MCX - Kedia Advisory
Buy Silver Mar @ 76500 SL 75800 TGT 77500-78000. MCX - Kedia Advisory

SILVER

Observations

Silver trading range for the day is 76380-78170.

Silver gains on hopes that Fed would likely cut interest rates by the first half of next year.

Fed’s Waller said that current monetary settings are restrictive enough, and flagged a possible rate cut in the coming months.

New estimates showed that the US GDP expanded by 5.2% from the earlier quarter in Q3, above earlier estimates

The Silver Institute stated that global mined silver production is expected to drop by 2% in 2023

BUY SILVER MAR @ 76500 SL 75800 TGT 77500-78000. MCX

 

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