Buy Silver Mar 2021 @ 67500 SL 66800 TGT 68200-69000.MCX - Kedia Advisory
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SILVER
Silver trading range for the day is 63844-74448.
Silver fell as a GameStop-style buying spree among small investors that took prices higher appeared to fizzle out following a margin hike by CME
CME Group raised maintenance margins on Comex 5000 Silver Futures by 17.9%.
The current gold/silver ratio is "well below historical averages, and investors may recognize this level as straying too far from historical norms".
India slashed the import duties on silver to 7.5% from 12.5%, Finance Minister Nirmala Sitharaman said
BUY SILVER MAR 2021 @ 67500 SL 66800 TGT 68200-69000.MCX
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