2024-10-22 09:16:30 am | Source: Kedia Advisory
Sell Silver Dec @ 98000 SL 98600 TGT 97200-96600. MCX - Kedia Advisory
SILVER
Observations
Silver trading range for the day is 95420-99610.
Silver climbed as US election jitters, escalating Middle Easttensions and bets on further monetary easing drove safe-havendemand.
Expectations of stronger silver demand amid the global shifttoward cleaner energy also supported prices.
China’s central bank reduced benchmark lending rates torecord lows, boosting the economic outlook in the world’s topmetals consumer.
The gold/silver ratio has dropped sharply below 80.50 points,falling near to a July low.
SELL SILVER DEC @ 98000 SL 98600 TGT 97200-96600. MCX
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