24-07-2024 12:34 PM | Source: Kedia Advisory
Buy Silver Sep @ 84500 SL 84000 TGT 85200-85800. MCX - Kedia Advisory

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SILVER

Observations

Silver trading range for the day is 81330-90810.

Silver dropped as India slashed import duties on silver to 6% from 15%.

Pressure also seen amid a weakening demand outlook in China dampened investor sentiment.

Traders focused on upcoming US economic data to reinforce rate-cut expectations by the Federal Reserve.

China’s economy grew less than expected in the second quarter, while economic indicators for June were mixed.

 

BUY SILVER SEP @ 84500 SL 84000 TGT 85200-85800. MCX

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