02-03-2023 11:56 AM | Source: Kedia Advisory
Sell Silver Mar 2023 @ 70600 SL 71200 TGT 69800-69300. MCX - Kedia Advisory
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Silver

* Silver trading range for the day is 68182-73780

* Silver rose as investors held onto the view that the U.S. Federal Reserve would soon end its rate hiking cycle

* India raised total taxes on silver imports 15% and on silver dore to 14.35%

* Private businesses in the US created 106K jobs in January of 2023, well below an upwardly revised 253K in December and market forecasts of 178K.

* COMEX inventories remained under pressure and LBMA stockpiles plunged amid outflows to India.

SELL SILVER Mar 2023 @ 70600 SL 71200 TGT 69800-69300. MCX

 

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