2025-03-03 12:26:41 pm | Source: Kedia Advisory
Buy Silver May @ 94000 SL 93500 TGT 94600-95200. MCX - Kedia Advisory
Silver
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.
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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