2025-06-16 09:21:49 am | Source: Kedia Advisory
Buy Silver Jul @ 105800 SL 104800 TGT 107000-107800. MCX - Kedia Advisory
Silver
BUY SILVER JUL @ 105800 SL 104800 TGT 107000-107800. MCX
Observations
Silver trading range for the day is 105150-107610.
Silver gains amid heightened geopolitical tensions following Israel’s strike on Iran.
Uncertainty over U.S. trade policy added to market anxiety, with President Trump threatening new unilateral tariffs.
Weak U.S. inflation data strengthened expectations of Fed rate cuts, providing further support to silver and other precious metals.
Silver faces its fifth consecutive annual supply deficit, though the Silver Institute expects a 21% narrowing in 2025.
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