MCX Silver Tips [12 September, 2024]: As Expected MCX Silver Kiss High 87,300. My Final Target is Rs. 86,550. White Metal fully target hit.
- As Expected MCX Gold Kiss High 72,880. Check My Final Target
- ट्रेडिंग प्लान: क्या अमेरिकी सीपीआई डेटा के बाद निफ्टी और बैंक निफ्टी में उछाल आएगा?
- Gold Edges Higher Amid Softer U.S. Dollar and CPI Expectations
- Tata Motors stock plummets 5.5%, dips below ₹1000 mark after UBS keeps ’sell’ rating
- ब्याज दर में 50 आधार अंकों की कटौती की संभावना कम होने से सोना 2,500 डॉलर के आसपास कारोबार कर रहा है
MCX Silver Tips [12 September, 2024]
- ✅Neal Bhai MCX Silver Tips Full Target Hit.👈🏻👈🏻👈🏻
- ✅Silver 85,500 To Rs. 87,300.🥳🥳🥳
- ✅1,800 Points Done.🚀🚀🚀
- ✅Profit Rs. 54,000 Per Lot.🏆🏆🏆
- ✅Always Trade with Stop Loss.
Silver Rallies on Rate-Cut Optimism
Spot Silver jumped almost 4% to $29.8 per ounce on Thursday, building on recent gains fueled by expectations that major central banks will soon begin a rate-cutting cycle.
The European Central Bank lowered rates by another 25 basis points, while investors are anticipating the Federal Reserve to also begin easing policy next week.
According to Neal Bhai, markets now see a 71% probability of a 25-basis-point rate cut at the Fed’s September 17-18 meeting, with a 29% chance of a larger 50-basis-point cut.
Additionally, markets are evaluating demand prospects in China, the world’s top consumer, after mixed economic indicators, along with the growth of the renewable energy sector, where silver is a crucial component in solar panel production.