10-04-2024 12:14 PM | Source: Kedia Advisory
Buy Silver May @ 81800 SL 81200 TGT 82500-83000. MCX - Kedia Advisory

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Silver

Observations

Silver trading range for the day is 81110-83710.

Silver gains tracking the rally in gold, buoyed by increased consumer and industrial demand.

U.S. small-business confidence slipped to the lowest level in more than 11 years in March amid rising concerns about inflation

Futures traders have reduced bets on how much Fed will cut rates this year to the lowest level since October.

Shanghai Gold Exchange to raise silver margin requirement to 12%

BUY SILVER MAY @ 81800 SL 81200 TGT 82500-83000. MCX

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