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2026-05-07 12:02:16 pm | Source: Kedia Advisory
Buy Silver JUL @ 251000 SL 248500 TGT 254500-256500. MCX - Kedia Advisory
Buy Silver JUL @ 251000 SL 248500 TGT 254500-256500. MCX - Kedia Advisory

SILVER

BUY SILVER JUL @ 251000 SL 248500 TGT 254500-256500. MCX

Observations

Silver trading range for the day is 246570-258760.

Silver jumped amid signs of de-escalation in the Middle East.

US said its offensive operations against Iran had concluded and announced a temporary pause in “Project Freedom.”

Private businesses in the US added a net 109,000 jobs in April 2026, the largest increase since January 2025.

Probability of a Fed rate hike by the end of this year currently stands at roughly around 35% compared to less than 10% last Friday.

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