03-10-2023 10:50 AM | Source: Kedia Advisory
Sell Silver DEC @ 69500 SL 70300 TGT 68600-68000. MCX

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Silver

Observations

Silver trading range for the day is 67475-74415.

Silver dropped pressured by the Fed's hawkish pause, the potential U.S. government shutdown

US core PCE price index, rose by 3.9% in August the lowest since September 2021

Robust demand from the solar industry and limited supply growth from mines will buoy silver prices.

Silver is both an investment and is consumed in the manufacture of jewellery, electronics and electric vehicles, as well as solar panels

SELL SILVER DEC @ 69500 SL 70300 TGT 68600-68000. MCX



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