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15-01-2024 11:42 AM | Source: Kedia Advisory
Buy Silver Mar 72000 sl 71500 tgt 72700-73200 mcx-kedia-advisory

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SILVER

Observations

Silver trading range for the day is 70950-74010.

Silver gained as fears of escalating conflict in Middle East lifted the safe-haven appeal

The United States and Britain launched strikes against sites linked to the Houthi movement in Yemen. 

The US PPI report showed a 0.1% decline in December, falling short of market expectations.

Fed policymakers believe it is too early for an interest rate cut decision and more evidence is needed to be confident in declining inflation

BUY SILVER MAR @ 72000 SL 71500 TGT 72700-73200. MCX

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