BUY SILVER MAY @ 254000 SL 252000 TGT 257000-259000. MCX - Kedia Advisory
Silver

BUY SILVER MAY @ 254000 SL 252000 TGT 257000-259000. MCX
Observations
Silver trading range for the day is 241470-267310.
Silver dropped as rising energy prices fuel inflation, lowering expectations of Fed rate cuts.
Safe-haven demand eases on reports that the US may announce a coalition to escort ships through the Strait of Hormuz.
Manufacturing output in the US rose 0.2% month-over-month in February 2026, more than market expectations.
As at end February 2026, the amount of silver held in London vaults was 27,065 tonnes, a 2.4% decrease on previous month.
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Silver trading range for the day is 150180-167360 - Kedia Advisory
