Silver trading range for the day is 71670-73040 - Kedia Advisory
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Silver:
Observations:
Silver trading range for the day is 71670-73040.
Silver steadied as investors await updates on the timing of interest rate cuts from Fed
Geopolitical tensions have increased the appeal for safe-haven assets.
Job openings unexpectedly rose to 9 million, while consumer confidence reached its highest level since the end of 2021.
Global silver demand is expected to rise 1 percent, driven by industrial uses and a recovery in jewelry and silverware demand.
BUY SILVER MAR @ 71800 SL 71200 TGT 72600-73200. MCX
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