Powered by: Motilal Oswal
2026-03-17 12:03:56 pm | Source: Kedia Advisory
BUY SILVER MAY @ 254000 SL 252000 TGT 257000-259000. MCX - Kedia Advisory
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.

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here