26-03-2024 10:44 AM | Source: Kedia Advisory
Silver trading range for the day is 74560-75450 - Kedia Advisory

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Silver

Observations

Silver trading range for the day is 74560-75450.

Silver gains after Fed officials fueled the demand for non-yielding assets

Fed kept rates unchanged but upward revised 2025 FFR projections.

Fed Chair Jerome Powell emphasized the US economy's solidity and labor market's robustness.

Higher-than-expected inflation figures at the start of the year did not change the broader story of price gains slowing.

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