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03-09-2021 11:30 AM | Source: Kedia Advisory
Buy Silver May 2021 @ 65400 SL 64800 TGT 66200-66800.MCX - Kedia Advisory
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SILVER

Silver trading range for the day is 64525-67297.

Silver prices pared gains as the dollar firmed up, as bond yields rose on growth and inflation expectations.

The dollar index remained supported amid hopes for faster economic recovery from the COVID-19 pandemic

The US Senate has approved a sweeping pandemic relief package and now heads back to the House for final passage, which could come as early as this week.

The February US payroll report came in stronger than expected while Federal Reserve Chair Powell reiterated the economic reopening could boost inflation temporarily

BUY SILVER MAY 2021 @ 65400 SL 64800 TGT 66200-66800.MCX

 

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