2024-09-20 10:05:49 am | Source: Kedia Advisory
Sell Silver Dec @ 90500 SL 91200 TGT 89600-89000. MCX - Kedia Advisory
SILVER
Observation
Silver trading range for the day is 87265-91955.
Silver gains after the U.S. Fed embarked on an easing cycle by slashing interest rates.
The U.S. central bank kicked off an anticipated series of interest rate cuts with a larger-than-usual half-percentage-point reduction.
Silver market to remain in deficit over coming years – UBS
Fed policymakers projected the benchmark interest rate would fall by another half of a percentage point by the end of this year.
SELL SILVER DEC @ 90500 SL 91200 TGT 89600-89000. MCX
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