Buy Silver Mar 2022 @ 62300 SL 61900 TGT 62650-63200.MCX - Kedia Advisory
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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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