Buy Silver Mar @ 92000 SL 91400 TGT 92800-93500. MCX - Kedia Advisory
Silver
Observations
Silver trading range for the day is 89590-95100.
Silver rose driven by safe-haven demand amid uncertainties over President-elect Donald Trump's policies.
The US economy added 256K jobs in December 2024, the most in nine months.
Fed funds futures trading data currently price in only about a 7 percent chance of a quarter-point cut.
Fed’s Bowman said she supported the recent interest rate cuts but the December reduction should be the "final step" in the easing process.
BUY SILVER MAR @ 92000 SL 91400 TGT 92800-93500. MCX