Buy Silver MAY @ 231000 SL 229000 TGT 234000-236500. MCX - Kedia Advisory
Silver

BUY SILVER MAY @ 231000 SL 229000 TGT 234000-236500. MCX
Observations
Silver trading range for the day is 198985-261915.
Silver plummeted, its lowest since mid-December amid Iran war-driven volatility and hawkish central bank shifts.
Investors recalibrated expectations after major banks held rates firm, citing inflation risks and geopolitical uncertainty.
Fed kept rates unchanged, warning of economic fallout from the Iran conflict and sticky inflation.
Markets now push Fed easing to 2027 and price in two BoE hikes this year, weighing heavily on silver’s outlook.
