2025-02-05 10:15:04 am | Source: Kedia Advisory
Buy Silver Mar @ 95400 SL 94800 TGT 96200-96800. MCX - Kedia Advisory
Silver
BUY SILVER MAR @ 95400 SL 94800 TGT 96200-96800. MCX
Observations
Silver trading range for the day is 93170-97140.
Silver rose as an escalating trade war between the US and China boosted demand for safe-haven assets.
Fed’s Goolsbee said that a very lack of clarity requires a go-slower approach on interest-rate cuts.
Markets reduce expectations of rate cuts from the Fed in the wake of the tariff news, with futures pricing in just a 50% odds of two cuts this year.
Fed's Collins says Fed can be patient on rates amid tariff uncertainty
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