Buy Silver Mar @ 88800 SL 88300 TGT 89500-90000. MCX - Kedia Advisory
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Silver
Observations
Silver trading range for the day is 87705-90065.
Silver prices gained driven by heightened geopolitical tensions and central bank purchases.
Initial jobless claims in the US slumped by 9,000 from the previous week to 211,000 in the last week of 2024.
Investors awaiting a slew of U.S. economic data next week to further gauge the interest rate outlook for 2025.
Investors are cautiously monitoring a potential recovery in China's economy, following President Xi Jinping's pledge to prioritize growth.
BUY SILVER MAR @ 88800 SL 88300 TGT 89500-90000. MCX
