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03-08-2021 12:00 PM | Source: Kedia Advisory
Buy Silver May 2021 @ 65700 SL 65200 TGT 67000-68000.MCX - Kedia Advisory
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Silver

Silver trading range for the day is 64302-66750.

Silver prices remained under heavy selling pressure pressured by a stronger dollar and soaring US Treasury yields.

Federal Reserve Chair Jerome Powell once again downplayed concerns about higher interest rates and inflation

The dollar index gained breaking through 92 for the first time in more than three months supported by upbeat economic data and soaring Treasury yields.

The US unemployment rate edged down to 6.2 percent in February 2021, the lowest rate since April's record high of 14.8 percent

BUY SILVER MAY 2021 @ 65700 SL 65200 TGT 67000-68000.MCX

 

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