Buy Silver Mar 2022 @ 64200 SL 63700 TGT 64800-65200.MCX - Kedia Advisory
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SILVER
Silver trading range for the day is 63533-65155.
Silver gains as investors awaiting further developments on the Ukraine crisis, while also preparing for impending policy tightening by major central banks
The yield on 10-year Treasury notes rose to 1.977 percent from 1.947 percent Tuesday, weighing on bullion prices.
Traders are rebuilding bets on a 50 basis-point Federal Reserve rate hike in March due to surging inflation expectations and hawkishness from some officials.
Investors were also focused on updates surrounding the situation in Ukraine amid receding fears of a full-fledged war.
BUY SILVER MAR 2022 @ 64200 SL 63700 TGT 64800-65200.MCX
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