Buy Silver DEC @ 178000 SL BELOW 175000 TGT 184000. MCX

2026-11-04 11:26:30 am | Source: Kedia Adviosry

Buy Silver DEC @ 178000 SL BELOW 175000 TGT 184000. MCX - Kedia Advisory

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SILVER

BUY SILVER DEC @ 178000 SL BELOW 175000 TGT 184000. MCX

Observations

Silver trading range for the day is 171640-186910.

Silver prices fell as oil prices rebounded following reports of a US strike on Iran’s Qeshm Island, heightening concerns over renewed inflationary pressures.

Renewed selling pressure in technology and artificial intelligence stocks further weighed on silver.

Traders currently see a 75% chance that the Federal Reserve will raise rates in December, according to CME's FedWatch tool.

Investors also kept a close watch on developments in US-Iran negotiations for signs of diplomatic progress.

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Buy Silver DEC @ 178000 SL BELOW 175000 TGT 184000. MCX - Kedia Advisory

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