Powered by: Motilal Oswal
2026-09-15 10:03:47 am | Source: Kedia Advisory
Buy Silver DEC @ 230000 SL 227000 TGT 234000-236000. MCX - Kedia Advisory
Buy Silver DEC @ 230000 SL 227000 TGT 234000-236000. MCX - Kedia Advisory

Silver

BUY SILVER DEC @ 230000 SL 227000 TGT 234000-236000. MCX

Observations

Silver trading range for the day is 228255-235685.

Silver dropped weighed down by surging oil prices and bets on tighter Federal Reserve monetary policy.

Markets are currently pricing in around an 87% chance that the Fed will raise its policy rate by 25 basis points on Wednesday.

Data showed US consumer inflation steadied at 3.4% in August, the same as in July and in line with forecasts.

COMEX silver speculators raised net longs by 2,006 contracts to 14,176.

 

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here