02-02-2023 12:28 PM | Source: Kedia Advisory
Buy Silver Mar 2023 @ 69400 SL 68800 TGT 70200-70800. MCX - Kedia Advisory
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Silver

* Silver trading range for the day is 67996.33-71074.33

* Silver prices rose after India raises silver import duty to align with gold

* India raised total taxes on silver imports 15% and on silver dore to 14.35%

* Private businesses in the US created 106K jobs in January of 2023, well below an upwardly revised 253K in December and market forecasts of 178K.

* COMEX inventories remained under pressure and LBMA stockpiles plunged amid outflows to India.

BUY SILVER Mar 2023 @ 69400 SL 68800 TGT 70200-70800. MCX

 

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