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2025-09-03 11:34:49 am | Source: Kedia Advisory
Buy Silver Dec @ 124000 SL 123000 TGT 125200-126200. MCX - Kedia Advisory
Buy Silver Dec @ 124000 SL 123000 TGT 125200-126200. MCX - Kedia Advisory

Silver

BUY SILVER DEC @ 124000 SL 123000 TGT 125200-126200. MCX

Observations

Silver trading range for the day is 122075-126475.

Silver dropped on profit booking after prices rallied over 1,25,000 as traders increased bets on US Federal Reserve rate cuts.

San Francisco Fed President Mary Daly said the central bank is prepared to ease policy given risks to the labor market.

Investors are now looking forward to the U.S. nonfarm payrolls data due on Friday to determine the size of an expected Fed rate cut.

Demand was bolstered by China’s solar boom, with solar cell exports surging over 70% in the first half of the year

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