2025-02-10 11:05:29 am | Source: Kedia Advisory
Buy Silver Mar @ 95000 SL 94500 TGT 95800-96300. MCX - Kedia Advisory
Silver
BUY SILVER MAR @ 95000 SL 94500 TGT 95800-96300. MCX
Observations
Silver trading range for the day is 94160-97220.
Silver dropped as dollar jumped supported by the possibility of lower dollar outflows from the US.
The Silver Institute recently forecast a fifth consecutive year of significant market deficits in 2025
The US unemployment rate dipped by 0.1 percentage point to 4.0% in January 2025, marking its lowest level since May.
Silver reserves in London vaults drop 8.6% in January m/m, says LBMA
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