2025-03-13 09:16:49 am | Source: Kedia Advisory
Buy Silver May @ 99000 SL 98300 TGT 99800-100400. MCX - Kedia Advisory
Silver
BUY SILVER MAY @ 99000 SL 98300 TGT 99800-100400. MCX
Observations
Silver trading range for the day is 97800-100390.
Silver gains aided by tariff uncertainty and a cooler inflation report that keep bets for a U.S. rate cut intact.
Data showed that U.S. consumer price index rose 0.2% last month after accelerating 0.5% in January.
The U.S. PPI and weekly jobless claims data due on Thursday are the next data sets on investors' radar.
The annual core consumer price inflation rate in US, eased to 3.1% in February 2025, from 3.3% in the prior month
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