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01-10-2022 11:25 AM | Source: Kedia Advisory
Buy Silver MAR 2022 @ 60000 SL 59600 TGT 60800-61400.MCX - Kedia Advisory
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SILVER

Silver trading range for the day is 59735-61161.

Silver gained as disappointing U.S. non-farm payrolls data pushed up the demand for the safe-haven asset.

Non-farm payrolls increased only 199 thousand in December, well below market forecasts of 400 thousand

But the unemployment rate dropped more than expected and wage growth accelerated.

Federal Reserve is set to end pandemic-era asset purchases in March and hike interest rates three times this year to curb rising inflation

BUY SILVER MAR 2022 @ 60000 SL 59600 TGT 60800-61400.MCX

 

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