BUY SILVER MAY @ 267000 SL 265000 TGT 269500-271000. MCX - Kedia Advisory
Silver

BUY SILVER MAY @ 267000 SL 265000 TGT 269500-271000. MCX
Observations
Silver trading range for the day is 257460-273730.
Silver dropped as a stronger dollar and fading expectations of Federal Reserve rate cuts outweighed safe-haven demand.
Silver faced further pressure from concerns that higher energy costs could slow global growth and dampen industrial demand
Fed’s Musalem said he feels the current setting of the U.S. policy rate appropriately balances the current economic risks.
The US economy shed 92K jobs in February 2026, the most in four months, following a downwardly revised 126K rise in January.
