2026-10-08 10:03:05 am | Source: Kedia Advisory
BUY SILVER DEC @ 222000 SL 220000 TGT 226000-228000. MCX - Kedia Advisory
Silver
BUY SILVER DEC @ 222000 SL 220000 TGT 226000-228000. MCX
Observations
Silver trading range for the day is 218880-228550.
Silver dropped as dollar gained amid rising oil prices, concerns over inflation and tighter monetary policy re-emerged.
Fed meeting noted some officials believe it’s time for the central bank to get ready for bond market stress.
The price of silver is expected to hit $97 over the next 12 months, up from the current level of $61 – LBMA delegates.
Perth Mint's silver sales gained 81.3% in September from the month prior.
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