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2026-11-13 10:50:55 am | Source: Kedia Advisory
Buy Silver DEC @ 176000 SL BELOW 173000 TGT 182000. MCX - Kedia Advisory
Buy Silver DEC @ 176000 SL BELOW 173000 TGT 182000. MCX - Kedia Advisory

SILVER

BUY SILVER DEC @ 176000 SL BELOW 173000 TGT 182000. MCX

Observations

Silver trading range for the day is 174170-185530.

Silver prices fell as a stronger US dollar, rising oil prices and growing expectations of further Federal Reserve fightening weighed.

Stronger-than-expected US consumer inflation data for October, pushed the dollar to a 19-month high and reinforced bets on further Fed rate hikes.

Markets are pricing in nearly a 91% probability of a 25-basis-point rate hike in December

Investors now await US producer price index data due on Friday for further cues on inflation and the monetary policy outlook.

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