Sell Silver Mar @ 93600 SL 94200 TGT 92500-92000. MCX

2025-02-03 11:40:39 am | Source: Kedia Advisory

Sell Silver Mar @ 93600 SL 94200 TGT 92500-92000. MCX - Kedia Advisory

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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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Sell Silver Mar @ 93600 SL 94200 TGT 92500-92000. MCX - Kedia Advisory

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