Sell Silver Mar 2023 @ 67000 SL 67600 TGT 66200-65500. MCX - Kedia Advisory
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Silver
Silver trading range for the day is 62168-69010
Silver rallies on safe-haven demand amid us bank worries
The market turmoil from the Silicon Valley Bank collapse led traders to pare bets on the scope for further Fed policy tightening.
Goldman Sachs said they no longer expect the Federal Reserve to raise rates by 25 basis points at its next policy meeting on March 21-22.
Data revealed reserves by major producer, Peru, dropped by 22,000 tonnes to 98,000 in 2022.
SELL SILVER Mar 2023 @ 67000 SL 67600 TGT 66200-65500. MCX
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