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2025-05-21 10:04:27 am | Source: Kedia Advisory
Buy Silver JUL @ 96800 SL 96000 TGT 97800-98500. MCX - Kedia Advisory
Buy Silver JUL @ 96800 SL 96000 TGT 97800-98500. MCX - Kedia Advisory

SILVER

BUY SILVER JUL @ 96800 SL 96000 TGT 97800-98500. MCX

Observations

Silver trading range for the day is 94075-98935.

Silver rose as the dollar index hit a two-week low amid US fiscal concerns.

Moody’s downgraded US credit rating, citing rising debt and expanding budget deficit.

Markets expect 54 basis points of Fed rate cuts in 2025, first by October

Softer inflation and weak US data bolster expectations of Fed rate cuts this year

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