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2026-10-14 10:30:27 am | Source: Kedia Advisory
Buy Silver Dec @ 218000 SL 215000 TGT 221000-224000. MCX - Kedia Advisory
Buy Silver Dec @ 218000 SL 215000 TGT 221000-224000. MCX - Kedia Advisory

Silver

BUY SILVER DEC @ 218000 SL 215000 TGT 221000-224000. MCX

Observations

Silver trading range for the day is 215695-225335.

Silver dropped as the US dollar held firm, while markets focused on upcoming US inflation prints.

Fed’s Hammack said the US central bank should move "relatively quickly" to a more restrictive monetary policy stance to control inflation.

Currently, traders see only a 19% chance of a Fed rate hike this month but are pricing in an 88% chance of a December increase.

Comex Silver speculative net longs fell 129 contracts to 7,608

 

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