Buy Silver JUL @ 241500 SL 239000 TGT 244500-246500. MCX - Kedia Advisory
SILVER
BUY SILVER JUL @ 241500 SL 239000 TGT 244500-246500. MCX
Observations
Silver trading range for the day is 235300-255530.
Silver dropped as rising Middle East tensions stoked inflation fears.
Iran’s Fars news agency said two missiles hit a US Navy frigate in the Strait of Hormuz, calling it a breach of "traffic and shipping security".
IRGC Navy released a map designating areas of the Strait under Iranian military control.
Now in its tenth week, the conflict has pushed energy prices up sharply, fueling inflation concerns.
