2026-03-27 10:47:02 am | Source: Kedia Advisory
BUY SILVER MAY @ 217000 SL 213000 TGT 222000-225000. MCX - Kedia Advisory
Silver
BUY SILVER MAY @ 217000 SL 213000 TGT 222000-225000. MCX
Observations
Silver trading range for the day is 215000-227880.
Silver prices fell pressured by a firm U.S. dollar and fading hopes for near-term Federal Reserve interest rate cuts.
However conflicting statements from the US and Iran over potential peace talks continued to unsettle financial markets.
Fed’s Goolsbee, said the US interest rate outlook depends on inflation.
Fed’s Daly said that unless the Iran conflict resolves quickly and the Fed can simply "look through" a temporary increase in oil prices.
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