2025-09-01 12:05:21 pm | Source: Kedia Advisory
Buy Silver Dec @ 121000 SL 120000 TGT 122500-123500. MCX - Kedia Advisory
Silver
BUY SILVER DEC @ 121000 SL 120000 TGT 122500-123500. MCX
Observations
Silver trading range for the day is 116630-125130. Silver rallied to all time high as support seen after Rupee dropped to all time low and bets of Fed rate cuts.
Personal spending in the United States increased by 0.5% from the previous month to $20.802 trillion in July of 2025.
Fed’s Waller said he favors starting rate reductions next month and “fully expects” further cuts to bring policy closer to a neutral level.
Chinese solar cell exports surged more than 70% in the first half of the year, driven by robust demand from India.
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