Buy Silver DEC @ 237000 SL 234000 TGT 241000-244000. MCX - Kedia Advisory
SILVER
BUY SILVER DEC @ 237000 SL 234000 TGT 241000-244000. MCX
Observations
Silver trading range for the day is 235300-243790.
Silver gained as dollar edgled lower and investors hunkered down for key inflation data this week.
Investors continued to monitor developments in the Middle East as renewed fighting between the US and Iran pushed oil prices higher.
UBS forecasts two US Fed rate hikes in 2026 after strong jobs report As at end July 2026, the amount of silver held in London vaults was 28,213 tonnes of silver, a 0.5% increase on previous month.
