Buy Silver Mar @ 174000 SL 173000 TGT 175500-177000. MCX - Kedia Advisory
SILVER

Buy Silver Mar @ 174000 SL 173000 TGT 175500-177000. MCX
Observations
Silver trading range for the day is 163975-180985.
Silver climbed amid growing expectations that the US Federal Reserve will cut interest rates further.
Markets now price in roughly an 85% chance of a 25 basis point cut in December, up sharply from about 39% a week ago.
LBMA inventories rose to 844 million ounces in October from 790 million ounces in September – their highest level in a year.
The global silver market faces a fresh risk after Chinese stockpiles sank to the lowest in a decade.
