27-12-2023 10:35 AM | Source: Kedia Advisory
SELL SILVER MAR @ 75500 SL 76200 TGT 74700-74200. MCX - Kedia Advisory

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Silver

Observations

Silver trading range for the day is 74360-76020.

Silver pared gains on profit booking after prices rose amid weakened dollar and lower yields The latest data from the US strengthened beliefs that Fed would begin its rate cutting cycle next March.

Both headline and core PCE price indices in the US came below estimates in November The metal remains underpinned by weak output since demand continues to outpace supply.

SELL SILVER MAR @ 75500 SL 76200 TGT 74700-74200. MCX