Buy Silver Mar @ 93000 SL 92500 TGT 93700-94200. MCX

2025-01-31 10:27:16 am | Source: Kedia Advisory

Buy Silver Mar @ 93000 SL 92500 TGT 93700-94200. MCX - Kedia Advisory

News By Tags | #CommodityTips #KediaAdvisory

SILVER

BUY SILVER MAR @ 93000 SL 92500 TGT 93700-94200. MCX

Observations

Silver trading range for the day is 91550-94750.

Silver rose tracking the strong momentum for bullion as traders assessed the Fed’s policy outlook this year.

The US central bank held its rates unchanged, as expected, and refrained from giving major hints on its outlook.

European Central Bank lowered its key interest rates by 25 bps in January 2025, as expected, reducing the deposit facility rate to 2.75%

Silver Institute forecast that the silver market will remain in a supply deficit for the fifth straight year in 2025.

To Read The Complete Report & Disclaimer - Click Here

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here

IGI Logo

Buy Silver Mar @ 93000 SL 92500 TGT 93700-94200. MCX - Kedia Advisory

Top News

Tag News

More News