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2024-12-13 12:17:04 pm | Source: Kedia Advisory
Sell Silver Mar @ 93000 SL 93600 TGT 92400-91800. MCX- Kedia Advisory

SILVER

Observations

Silver trading range for the day is 89620-98100.

Silver dropped as the ECB cut its benchmark interest rates, as expected, and signaled further rate cuts.

ECB cut interest rates for the fourth time this year and kept the door open to further easing ahead.

Factory gate prices in the US rose 0.4% month-over-month in November 2024, higher than an upwardly revised 0.3% in October

US initial jobless claims soared by 17,000 from the previous week to 242,000 on the first week of December.

SELL SILVER MAR @ 93000 SL 93600 TGT 92400-91800. MCX

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