Sell Silver DEC @ 73500 SL 74200 TGT 72600-7200. MCX - Kedia Advisory
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SILVER
Observations
Silver trading range for the day is 72240-74450.
Silver pared gains on profit booking after prices gained as US 10-year treasury yields tumbled.
US inflation and unemployment claims data hurt the odds for another Fed interest rate hike next month.
Record industrial demand will continue to dominate the silver market
Total global physical demand is expected to ease slightly to 1.14 billion ounces, down 10% from the record set in 2022.
SELL SILVER DEC @ 73500 SL 74200 TGT 72600-7200. MCX
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