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29-07-2024 09:46 AM | Source: Kedia Advisory
Buy Silver Sep @ 81000 SL 80400 TGT 81800-82400. MCX - Kedia Advisory

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SILVER

Observations

Silver trading range for the day is 80545-82115.

Silver recovered losses amid rising optimism about an interest rate cut by Fed

Markets have priced in silver demand from renewable energy sector, leading investors to unwind long silver bets.

A key political meeting in Beijing failed to excite investors, hoping for fresh stimulus measures.

US economy grew more than expected in Q2, with solid gains in consumer spending and business investment.

BUY SILVER SEP @ 81000 SL 80400 TGT 81800-82400. MCX

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