Silver steadied on hopes that Fed would likely cut interest rates by the first half of next year

01-12-2023 12:53 PM | Source: Kedia Advisory

Silver steadied on hopes that Fed would likely cut interest rates by the first half of next year - Kedia Advisory

News By Tags | #CommodityTips #KediaAdvisory

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

SILVER

Observations

Silver trading range for the day is 76870-77910.

Silver steadied on hopes that Fed would likely cut interest rates by the first half of next year.

Fed’s Waller said that current monetary settings are restrictive enough, and flagged a possible rate cut in the coming months.

New estimates showed that the US GDP expanded by 5.2% from the earlier quarter in Q3, above earlier estimates

The Silver Institute stated that global mined silver production is expected to drop by 2% in 2023

SELL SILVER MAR @ 78000 SL 78800 TGT 77200-76500. MCX

To Read Complete Report & Disclaimer Click Here

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer

IGI Logo

Silver steadied on hopes that Fed would likely cut interest rates by the first half of next year - Kedia Advisory

Top News

Tag News

More News