2023-12-04 11:37:54 am | Source: Kedia Advisory
Buy SILVER MAR @ 77500 SL 76800 TGT 78500-79200. MCX - Kedia Advisory
SILVER
Observations
Silver trading range for the day is 76905-78835.
Silver prices rose as traders weighed Fed rate cut prospects.
The dollar slipped amid hopes that the U.S. Federal Reserve will start reducing interest rates from the first quarter of next year
U.S. consumer spending moderated in October; the Fed's preferred inflation measure eased in the month
Fed’s Williams said that policymakers are likely done with interest-rate hikes, but decisions will continue to be data-dependent.
Buy SILVER MAR @ 77500 SL 76800 TGT 78500-79200. MCX
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