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10/02/2022 11:32:06 AM | Source: Kedia Advisory
Buy Silver Mar 2022 @ 62300 SL 61900 TGT 62650-63200.MCX - Kedia Advisory
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Buy Silver Mar 2022 @ 62300 SL 61900 TGT 62650-63200.MCX - Kedia Advisory

SILVER

Silver trading range for the day is 62065-63081

Silver prices gained ahead of Thursday's U.S. January inflation print expected to show inflation accelerated to a four-decade high of 7.3 percent.

San Francisco Fed President Mary Daly telling that inflation could get worse before going to get better.

More evidence of persisting inflationary pressures in Thursday's report may boost chances of a 50 bps rate hike in March 2022.

Investors also await the release of the Fed minutes from its most recent meeting for additional clues on the pace of Fed's policy tightening

BUY SILVER MAR 2022 @ 62300 SL 61900 TGT 62650-63200.MCX

 

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