Buy Silver May @ 94000 SL 93500 TGT 94600-95200. MCX

2025-03-03 12:26:41 pm | Source: Kedia Advisory

Buy Silver May @ 94000 SL 93500 TGT 94600-95200. MCX - Kedia Advisory

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BUY SILVER MAY @ 94000 SL 93500 TGT 94600-95200. MCX

Observations

Silver trading range for the day is 93145-95745.

Silver extended losses pressured by demand uncertainties, strong supply, and a firm dollar.

US PCE prices rising 0.3% month-over-month and 2.5% year-over-year.

Hecla Mining Company, reported a 13% increase in silver output for 2024, mining 16.2 million ounces.

President Donald Trump confirmed that his proposed 25% tariffs on Mexican and Canadian goods will take effect on March 4.

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Buy Silver May @ 94000 SL 93500 TGT 94600-95200. MCX - Kedia Advisory

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