Buy Silver Mar 2023 @ 66000 SL 65500 TGT 66600-67200.MCX - Kedia Advisory
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SILVER
Silver trading range for the day is 64370-67790
Silver gains amid expectations for a slowdown in monetary tightening by the Federal Reserve.
Signs of low supply also supported prices, as COMEX inventories fell 70% in the last 18 months to just over 1 million tonnes.
The dollar index jumped to 105.5, after a strong jobs report renewed expectations for higher interest rates.
The US economy unexpectedly added 263K jobs in November of 2022, beating market forecasts of 200K
BUY SILVER MAR 2023 @ 66000 SL 65500 TGT 66600-67200.MCX
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