2025-03-04 11:42:29 am | Source: Kedia Advisory
Sell Silver May @ 96500 SL 97200 TGT 95700-95200. MCX - Kedia Advisory
Silver
SELL SILVER MAY @ 96500 SL 97200 TGT 95700-95200. MCX
Observations
Silver trading range for the day is 93750-97600.
Silver rose driven by a weaker dollar and safe-haven buying amid concerns over shifting US trade policy.
UBS forecasts silver to hit $38 per ounce within 12 months
U.S. consumer spending unexpectedly fell in January
US silver coin purchases falling 27% year-over-year in January to 3.5 moz, the lowest January demand since 2018.
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