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2025-01-06 09:58:01 am | Source: Kedia Advisory
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 88335-90455.

Silver seen supported as ongoing geopolitical and economic uncertainties fueled safe-haven demand

In China, pledges from Beijing for "more proactive" macroeconomic policies and lower interest rates this year helped stabilize market sentiment.

Investors continued to assess the implications of a second Donald Trump presidency and China's efforts to revive its economy.

PBoC officials noted that it would lower its key short-term interest rates and use them to guide policy

BUY SILVER MAR @ 88800 SL 88300 TGT 89500-90000. MCX

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