2026-04-16 12:30:27 pm | Source: Kedia Advisory
Buy Silver MAY @ 250000 SL 247500 TGT 253500-255000. MCX - Kedia Advisory
Silver
BUY SILVER MAY @ 250000 SL 247500 TGT 253500-255000. MCX
Observations
Silver trading range for the day is 245130-258920.
Silver dropped as investors weighed progress in US-Iran peace talks against lingering economic and supply challenges.
Federal Reserve’s cautious approach to inflation has eased expectations of aggressive monetary tightening.
Silver Institute and Metals Focus warned of a sixth consecutive year of structural deficit.
Industrial demand is forecast to decline 3% to 640 million ounces in 2026.
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