01-01-1970 12:00 AM | Source: Kedia Advisory
Sell Silver Mar 2023 @ 68800 SL 69500 TGT 67900-67200. MCX - Kedia Advisory
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Silver

* Silver trading range for the day is 67650 - 69250

* Silver steadied as investors reassessed the outlook for monetary policy from major central banks and demand for industrial inputs.

* Fed’s Waller said that upcoming rate moves and an expected continued decline in inflation left policy “pretty close” to being “sufficiently restrictive”

* Supply concerns limited the decrease in prices, as COMEX inventories remained under pressure

* The European Central Bank (ECB) is set to raise interest rates by 50 basis points in both February and March

 

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