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02-02-2021 12:46 PM | Source: Kedia Advisory
Sell Silver Mar 2021 @ 73800 SL 74500 TGT 73100-72500.MCX - Kedia Advisory
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SILVER

Silver trading range for the day is 70471-76023.

Silver soared after social media posts last week called for retail investors to flood into the market and push up prices of the precious metal.

India slashed the import duties on silver to 7.5% from 12.5%, Finance Minister Nirmala Sitharaman said

Silver has risen since Thursday, when posts began circulating on Reddit urging retail investors to buy silver mining stocks and iShares Silver Trust

The gold/silver ratio, which measures the number of silver ounces needed to buy an ounce of gold, fell to its lowest since 2014..

SELL SILVER MAR 2021 @ 73800 SL 74500 TGT 73100-72500.MCX

 

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