2025-07-01 10:14:39 am | Source: Kedia Advisory
Buy Silver Jul @ 105000 SL 104200 TGT 106000-106800. MCX - Kedia Advisory
Silver
BUY SILVER JUL @ 105000 SL 104200 TGT 106000-106800. MCX
Observations
Silver trading range for the day is 104365-106335. Silver prices rose as the US dollar weakened, supported by rising expectations of a dovish Federal Reserve. Markets anticipate a Fed rate cut as early as July, with a total of 75 basis points priced in for 2025.
US consumer spending fell in May, as pre-tariff buying faded and inflation stayed moderate.
Trade tensions remain, with attention on Trump’s tariff deadline next week after the 90-day pause.
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.
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