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03-06-2023 10:33 AM | Source: Kedia Advisory
Silver trading range for the day is 63464-65110 - Kedia Advisory
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Silver 

Observations

Silver trading range for the day is 63464-65110

Silver gained as dollar eased after comments from Fed officialraised hopes that the Fed with stick with a 25-bps rate hike at itsnext meeting in March

Fed’s Bostic said he favored "slow and steady" path of interestrate hikes

The U.S. services sector grew at a steady clip in February,suggesting the economy continued to expand in the first quarter

Data from Spain, France and Germany indicated that inflationremained sticky, with the European Central Bank leaning towardsremaining hawkish

 

 

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