Powered by: Motilal Oswal
30-01-2024 11:42 AM | Source: Kedia Advisory
Buy Silver Mar@ 71400 SL 70800 TGT 72200-72800. MCX -Kedia Advisory

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Silver:

Observations:

Gold trading range for the day is 61995-62735.

Gold price delivers strong upside move as geopolitical tensions deepen.

Monthly core PCE grew by 0.2% as expected while annual underlying inflation data decelerated to 2.9% against expectations of 3.0%

Fed policy, labor market and Manufacturing PMI data for December will remain in the spotlight.

The Fed is expected to keep interest rates unchanged for the fourth straight time.

BUY SILVER MAR @ 71800 SL 71200 TGT 72600-73200. MCX

 

 

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Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer