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01-02-2024 10:06 AM | Source: Kedia Advisory
Silver trading range for the day is 71820-7290- Kedia Advisory

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Silver:

Observations:

Silver trading range for the day is 71820-72900.

Silver steadied as investors reduced their expectations of early interest rate cuts this year

The global silver deficit is expected to ease by 9% to 176 million troy ounces in 2024

U.S. consumer confidence increased to a two-year high in January

U.S. job openings unexpectedly rose in December and data for the prior month was revised higher

SELL SILVER MAR @ 72600 SL 73300 TGT 71800-71200. MCX

 

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