2025-02-04 11:04:22 am | Source: Kedia Advisory
Buy Silver Mar @ 94000 SL 93500 TGT 94600-95200. MCX - Kedia Advisory
Silver
BUY SILVER MAR @ 94000 SL 93500 TGT 94600-95200. MCX
Observations
Silver trading range for the day is 90565-96575.
Silver gains as fears of a global trade war mounted after U.S. President Trump imposed sweeping tariffs on Canada, Mexico and China.
US President Donald Trump imposed 25% tariffs on goods from Mexico and Canada and a 10% levy on imports from China.
The Silver Institute recently forecasted a fifth consecutive year of significant market deficits for the metal in 2025
Markets are now factoring in heightened risks of global trade disruptions, slower economic growth, and resurgent inflation.
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.
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