Buy Silver DEC @ 239000 SL 237000 TGT 242000-244000. MCX - Kedia Advisory
SILVER

BUY SILVER DEC @ 239000 SL 237000 TGT 242000-244000. MCX
Observations
Silver trading range for the day is 236070-245810.
Silver climbed supported by falling oil prices that eased inflation concerns and helped push bond yields lower.
Investors continued to assess the outlook for Fed monetary policy following its first-rate hike in three years.
The silver market is heading for a sixth year of structural deficit, with 762 million troy ounces drawn from stocks since 2021.
Total global silver supply is forecast to decline 2%, reflecting producer hedging normalising after jumping in the second half of 2025.
