MCX Silver March futures contracts opened higher on MCX by 0.31% or Rs 300 at Rs 95,880/kg. The same has surged by Rs 1,300/kg in the last one week.
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MCX Silver Forecast (MCX Silver Tips)
✅Neal Bhai suggests buying silver (March) between Rs 94,900-94,500.
✅Stop loss (SL) of Rs 93,700
✅Target Price Rs 98,100-99000.
✅Time Frame – Till 05-March-2025.
Neal Bhai said, “We expect gold and silver prices to remain volatile this week due to fluctuations in the dollar index, US trade war and details of the FOMC meeting.”