2025-01-31 10:27:16 am | Source: Kedia Advisory
Buy Silver Mar @ 93000 SL 92500 TGT 93700-94200. MCX - Kedia Advisory
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.
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
Latest News
PM-Surya Ghar crosses 8.5 lakh solar rooftop units a...
Buy Dr Reddy`s Laboratories Ltd For Target Rs. 1,588...
Pre-budget Input on Taxation Inputs by Deepashree Sh...
Apple now has installed base of 2.35 billion active ...
India`s national highways are national assets:Nitin ...
Sugar industry has potential to increase share in GD...
Mutual Fund Industry has grown greater than 6 times ...
Buy Bharat Petroleum Ltd For Target Rs. 354 By Elar...
Rupee weakens against US dollar on Friday
L&T zooms on reporting 11% rise in Q3 consolidated n...
