2025-03-19 12:09:54 pm | Source: Kedia Advisory
Buy Silver May @ 100800 SL 100000 TGT 101600-102000. MCX - Kedia Advisory
Silver
BUY SILVER MAY @ 100800 SL 100000 TGT 101600-102000. MCX
Observations
Silver trading range for the day is 100245-102495.
Silver gains as tariff worries and signs of rising geopolitical tensions boosted safe-haven demand appeal.
U.S. President Donald Trump said he would be imposing both broad reciprocal tariffs and additional sector-specific tariffs on April 2.
Hecla Mining, reported a 13% increase in silver output for 2024, mining 16.2 moz the second-highest level in its 134-year history.
The Fed is widely expected to leave interest rates unchanged, with traders likely to scrutinize the accompanying statement as well as officials' latest projections.
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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