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2025-12-03 12:09:11 pm | Source: Kedia Advisory
Buy Silver Mar @ 181000 SL 180000 TGT 182500-183500. MCX - Kedia Advisory
Buy Silver Mar @ 181000 SL 180000 TGT 182500-183500. MCX - Kedia Advisory

Silver

BUY SILVER MAR @ 181000 SL 180000 TGT 182500-183500. MCX

Observations

Silver trading range for the day is 175240-185860.

Silver dropped as investors took profits following a record high.

However downside seen limited amid tight physical supply, strong industrial demand, and expectations of a US interest rate cut.

Data revealed that US manufacturing contracted for a ninth straight month in November, adding to the pressure on the Fed to loosen policy

Markets are now pricing in an 88% chance of a 25bps rate cut at the Fed’s upcoming meeting

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