2025-02-21 10:52:59 am | Source: Kedia Advisory
Buy Silver Mar @ 96400 SL 95800 TGT 97200-98000. MCX - Kedia Advisory
Silver
BUY SILVER MAR @ 96400 SL 95800 TGT 97200-98000. MCX
Observations
Silver trading range for the day is 95960-98340.
Silver gains as traders assessed the likelihood of the Federal Reserve keeping interest rates steady
Minutes from the latest FOMC meeting reinforced the Fed's cautious stance, signaling no urgency to cut interest rates
LBMA said that silver held in London vaults totalled 23,528 metric tons at the end of January, down 8.6% from the previous month.
Labor market data showed continued strength, with initial jobless claims rising by 5K to 219K last week.
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