How to trade Silver ahead of Budget 2025? Check support, resistance levels

Quick Summary:

The Fed conveyed that it is not in a hurry to cut rates as unemployment rate is stabilising at low levels, economic growth pace is solid, and inflation remains inflated.

Silver gained on a weaker US Dollar and softer US yields as the risk appetite remained strong post FOMC outcome.

The ten-year US yields, at 4.52 per cent, were down around 0.60 per cent as the yields fell below the psychological level of 4.5 per cent.

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Category: BusinessFinance

Markets: IndiaGermanyItalySouth Africa

Topics: Silver trading strategy Commodity trading Commodity strategy Sharekhan US fed Silver rate Us bond yields Silver on mcx Budget 2025 Markets Silver rate today Business standard Silver outlook today Silver prices India budget 2025 Budget news Silver India budget Silver price on mcx Cpi inflation Silver outlook

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Published On: 2025-01-31 @ 11:37:03 (10 hours ago)

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News Source URL: business-standard.com

Language: English

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