Sell Silver Mar @ 95200 SL 95900 TGT 94300-93500. MCX

2025-02-27 11:53:03 am | Source: Kedia Advisory

Sell Silver Mar @ 95200 SL 95900 TGT 94300-93500. MCX - Kedia Advisory

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Silver

SELL SILVER MAR @ 95200 SL 95900 TGT 94300-93500. MCX

Observations

Silver trading range for the day is 93165-95505.

Silver gained as softening US economic data fueled expectations for further interest rate cuts from the Fed.

Fed needs more clarity before it can go back to cutting rates, says Goolsbee

Focus was also on the U.S. PCE report, the Fed's preferred inflation gauge, due on Friday.

US silver coin purchases dropped 27% year-on-year in January to 3.5 moz, the lowest January demand since 2018.

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Sell Silver Mar @ 95200 SL 95900 TGT 94300-93500. MCX - Kedia Advisory

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