Powered by: Motilal Oswal
2024-11-29 09:40:58 am | Source: Kedia Advisory
Buy SILVER Mar @ 89700 SL 89200 TGT 90500-91000. MCX - Kedia Advisory

Silver

Observations

Silver trading range for the day is 88380-91220.

Silver gains as investors continued to assess the latest economic data for hints on the Fed’s policy path.

Core PCE prices refrained from surpassing the market’s consensus in October.

Markets now see a 70% chance of a quarter-point rate cut in December.

US initial jobless claims held steady at 213,000 for the week ending November 23rd, below market expectations of 216,000.

BUY SILVER MAR @ 89700 SL 89200 TGT 90500-91000. MCX

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here