2026-07-09 10:08:05 am | Source: Kedia Advisory
Buy Silver Sep @ 220000 SL 216000 TGT 225000-228000. MCX - Kedia Advisory
Silver
BUY SILVER SEP @ 220000 SL 216000 TGT 225000-228000. MCX
Observations
Silver trading range for the day is 214165-235555.
Silver fell after US President Donald Trump declared an interim peace deal with Iran "over."
Trump confirmed the June memorandum of understanding with Iran was finished and ruled out further engagement with Tehran.
India's restrictions on silver imports have created shortages, pushing premiums to their highest levels in six months.
Markets now price in a 66% chance of a US rate hike in September, up from 62% on Tuesday.
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