Silver trading range for the day is 161255-171205 - Kedia Advisory

SILVER
Prices trading with high volatility. Important resistance at 1,69,800 while Support at 1,65,400
Observations
Silver trading range for the day is 161255-171205.
MCX silver surged to Rs 1,67,999/kg as short squeeze intensified.
Silver rose above $54/oz, near record highs amid global supply crunch.
Indian demand pressured supply, prompting silver ETF fund-of-fund inflow suspensions.
London lease rates jumped over 30%, driving unsustainable short rollover costs.










Tag News

Views on Dhanteras from Mr. Satish Dondapati, Fund Manager, Kotak Mutual Fund


