BUY Silver trading range for the day is 256575-281005. - Kedia Advisory
Gold
BUY GOLD APR @ 160500 SL 159000 TGT 162500-163500. MCX
Observations
Gold trading range for the day is 159465-165075.
Gold prices rose as escalating U.S.-Israeli air strikes against Iran heightened geopolitical uncertainty.
Reduced bets for aggressive easing by the Federal Reserve undermines the USD.
China's central bank extended its gold buying spree for a 15th month in January.
China's net gold imports via Hong Kong in January rose by 68.7% from December.
Silver
BUY SILVER MAY @ 262000 SL 258000 TGT 266000-268000. MCX
Observations
Silver trading range for the day is 256575-281005.
Silver gained as ongoing Middle East hostilities raised concerns about a protracted regional conflict.
Fed’s Kashkari said that the Iran conflict has increased uncertainty about the U.S.
Private businesses in the US added 63K jobs in February 2026, the most since July.
Markets see the U.S. Federal Reserve holding rates at its two-day meeting later this month.
