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15-02-2024 10:41 AM | Source: Kedia Advisory
Buy Silver Mar @ 69700 SL 69200 TGT 70400-70900. MCX - Kedia Advisory
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Silver
Observations
Silver trading range for the day is 68175-72305.
Silver gains on short covering after prices dropped as hot U.S. inflation cools Fed rate cut bets
US CPI in January gained 3.1% from a year earlier, versus an expected 2.9% rise
Data showed UK inflation did not accelerate in January as expected.
Global silver demand was projected to reach 1.2 billion ounces in 2024
BUY SILVER MAR @ 69700 SL 69200 TGT 70400-70900. MCX
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