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.
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