13-09-2023 11:37 AM | Source: Kedia Advisory
Silver trading range for the day is 70930-72750 - Kedia Advisory

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SILVER

Observations

Silver trading range for the day is 70930-72750.

Silver edged lower as the dollar recovered some lost ground

Investors looked ahead to the release of key U.S. inflation and other macroeconomic indicators this week

Fed is likely to pause its recent series of rate hikes next week but the outlook for November remains a little more uncertain.

Traders also await cues from the European Central Bank's latest policy decision due on Thursday. 


BUY SILVER DEC @ 71500 SL 70800 TGT 72400-73000. MCX

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