2026-09-04 11:17:37 am | Source: Kedia Advisory
Buy Silver Dec @ 240000 SL 238000 TGT 243000-245000. MCX - Kedia Advisory
Silver
BUY SILVER DEC @ 240000 SL 238000 TGT 243000-245000. MCX
Observations
Silver trading range for the day is 235200-246350.
Silver rose as U.S. Treasury yields eased from multi-year highs, helping ease inflation and interest-rate concerns.
Fed Governor Waller that “if there is continued progress toward our 2% goal, then I am willing to support holding the policy rate at its current level”.
The number of people claiming unemployment benefits inched up by 2,000 to 206,000 on the fourth week of August
Markets are currently pricing roughly a 50% probability of a Fed rate hike this month, down from around 70% earlier in the week.
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