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2025-01-14 10:09:31 am | Source: Kedia Advisory
Sell Silver Mar @ 90800 SL 91400 TGT 90000-89600. MCX - Kedia Advisory

Silver

Observations

Silver trading range for the day is 88730-93560.

Silver dropped as the yield on the US 10-year Treasury note neared 4.8%, its highest level since October 2023.

Concerns over inflationary policies under President-elect Donald Trump also added to the cautious outlook.

Markets were now no longer fully pricing in even one rate cut from the Fed in 2025.

U.S. job growth unexpectedly accelerated in December while the unemployment rate fell to 4.1%.

SELL SILVER MAR @ 90800 SL 91400 TGT 90000-89600. MCX

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