2025-05-02 10:05:27 am | Source: Kedia Advisory
Buy Silver Jul @ 94400 SL 93600 TGT 95200-9600. MCX - Kedia Advisory
Silver
BUY SILVER JUL @ 94400 SL 93600 TGT 95200-9600. MCX
Observations
Silver trading range for the day is 92275-96725.
Silver fell as easing global trade tensions dampened demand for safe-haven assets.
Sentiment shifted after US President Donald Trump voiced optimism about a deal with China.
The US economy unexpectedly contracted by 0.3% on an annualized basis in the first quarter—its first negative growth in three years.
Silver’s industrial demand outlook came under pressure amid weaker economic data from major economies.
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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