2025-03-28 11:29:27 am | Source: Kedia Advisory
Buy Silver May @ 101000 SL 100200 TGT 102000-102800. MCX
SILVER
Buy Silver May @ 101000 SL 100200 TGT 102000-102800. MCX
Observations
Silver trading range for the day is 98715-102845.
Silver gained as dollar fell as investors weighed the impact of Trump’s new auto tariffs and digest economic data.
The escalating trade war sparked fears of slower US economic growth and renewed inflation pressures.
The Fed held its benchmark interest rate steady last week but indicated it could cut rates later this year.
GDP growth for Q4 was revised slightly higher to 2.4% and core PCE prices also rose slightly less in Q4.
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