2026-04-15 12:03:02 pm | Source: Kedia Advisory
Buy Silver MAY @ 251000 SL 249000 TGT 254000-256000. MCX - Kedia Advisory
Silver
BUY SILVER MAY @ 251000 SL 249000 TGT 254000-256000. MCX
Observations
Silver trading range for the day is 237385-260735.
Silver climbed as the US and Iran signaled willingness to resume negotiations aimed at securing a longer-term ceasefire.
Doubts over future rate moves by the Fed also weigh on the dollar
The latest US CPI report, showed inflation at 3.3%, the highest since May 2024, with a 0.9% monthly jump
As at end March 2026, the amount of silver held in London vaults was 27,487 tonnes, a 1.6% increase on previous month.
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