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2024-12-12 12:36:49 pm | Source: Kedia Advisory
Buy Silver Mar @ 95400 SL 94800 TGT 96200-96800. MCX - Kedia Advisory

SILVER

Observations

Silver trading range for the day is 94020-97270.

Silver gains amid bets of a rate cut by the Fed. A relatively steady inflation print in the US consolidated bets for the Fed is due to cut its interest rate by 25bps this month.

The annual core consumer price inflation rate in the United States, stood at a three-month high of 3.3% in November 2024

The annual inflation rate in the US rose for a 2nd consecutive month to 2.7% in November 2024 from 2.6% in October

BUY SILVER MAR @ 95400 SL 94800 TGT 96200-96800. MCX

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