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Silver trading strategy today, July 17: Buy dips near Rs 90,000-91,500

Business Standard LogoBusiness Standard4h ago

Silver trading strategy today, July 17: Buy dips near Rs 90,000-91,500 - Business Standard

Quick Summary:

Silver support, resistance levels: Silver is expected to test the $35 mark on rate cut bets.

Traders are expected to continue to buy into dips.Support is at $30.50 (Rs 91,500) /$30 (Rs 90,000).Resistance is at $31.80 (Rs 95,300) /$32.52 (Rs 97,500).

Total known global silver ETF holdings stood at 686.657 MOz as of July 15, which is the lowest level since June 18.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-17 @ 10:46:00 (4 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 499 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21660649

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 229 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

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Publisher ID: #49

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