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Sell Silver May 2023 @ 75800 SL 76400 TGT 75000-74500 - Kedia Advisory
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Silver
*Silver trading range for the day is 73246-76790
*Silver rose as demand outstrips supply in record year
*Global demand for silver rose by 18% last year to a record high of 1.24 billion ounces, creating a huge supply deficit
*The silver market was undersupplied by 237.7 million ounces in 2022
*India imported huge amounts of silver last year, though demand there should cool somewhat in 2023.
SELL SILVER May 2023 @ 75800 SL 76400 TGT 75000-74500. MCX
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