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14-08-2024 11:16 AM | Source: Kedia Advisory
Buy Silver Sep @ 80600 SL 80000 TGT 81300-81700. MCX - Kedia Advisory

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SILVER

Observations

Silver trading range for the day is 80105-81945.

Silver fell as investors cautiously awaited crucial US inflation figures

Fed Governor Michelle Bowman said that despite softer inflation numbers for May and June, inflation remains uncomfortably above the FOMC’s 2% target.

Australian miner Perth Mint reported that its silver product sales surged 91% month-on-month to 939,473 ounces in July

Factory gate prices in the US increased 0.1% month-over-month in July 2024, following a 0.2% rise in June

BUY SILVER SEP @ 80600 SL 80000 TGT 81300-81700. MCX

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