2025-02-03 11:40:39 am | Source: Kedia Advisory
Sell Silver Mar @ 93600 SL 94200 TGT 92500-92000. MCX - Kedia Advisory
Silver
SELL SILVER MAR @ 93600 SL 94200 TGT 92500-92000. MCX
Observations
Silver trading range for the day is 91520-95250.
Silver settled flat as US President Trump reiterated his threat to impose a 25% tariff on Mexico and Canada.
The Silver Institute also projected a fifth consecutive year of significant market deficit for the metal in 2025.
The Fed’s preferred inflation gauge, the Core PCE, posted a muted increase for December, in line with estimates
Global silver supply is expected to rise this year, with increased output from China, Canada, and Chile
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