Thursday, 24 October 2019

Silver trading range for the day is 45110-45620

Silver on MCX settled up 0.3% at 45311 as investors awaited more clarity on the Brexit and the U.S.-China trade war. A general election could be on the cards after U.K. lawmakers supported the prime minister's deal to withdraw the U.K. from the EU, but then rejected a limited time frame for reviewing the legislation related to Brexit. Prime Minister Boris Johnson has vowed to push for an election if EU leaders sanction a Brexit extension of up to three months.

Trading Ideas:

* Silver trading range for the day is 45110-45620.

* Silver prices rose as investors awaited more clarity on the Brexit and the U.S.-China trade war.

* A general election could be on the cards after U.K. lawmakers supported the prime minister's deal to withdraw the U.K. from the EU.

* Prime Minister Boris Johnson has vowed to push for an election if EU leaders sanction a Brexit extension of up to three months.

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