04-12-2024 09:35 AM | Source: Kedia Advisory
Buy Silver Mar @ 91700 SL 91200 TGT 92300-92800. MCX - Kedia Advisory

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Silver

Observations

Silver trading range for the day is 89145-92215.

Silver gains as dovish comments from Fed official spurred traders to increase bets on an interest rate cut this month.

Silver also received a boost from ongoing geopolitical tensions in the Middle East

Fed's Waller says inclined at this point to cut rates in December

Fed's Williams eyes further cuts as price pressures cool further

BUY SILVER MAR @ 91700 SL 91200 TGT 92300-92800. MCX

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