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2026-07-27 10:31:46 am | Source: Kedia Advisory
Buy Silver Sep @ 220000 SL 217000 TGT 223000-225000. MCX - Kedia Advisory
Buy Silver Sep @ 220000 SL 217000 TGT 223000-225000. MCX  - Kedia Advisory

Silver

BUY SILVER SEP @ 220000 SL 217000 TGT 223000-225000. MCX

Observations

Silver trading range for the day is 215245-226295.

Silver recovered as investors assessed developments in the Middle East and the outlook for US interest rates.

Escalating US-Iran tensions and Trump’s tariffs benefit the USD, contributing to the slide.

US Jobless Claims fell to the lowest level since September 1969, pointing to a resilient labor market.

Trump imposed sweeping new tariffs ranging from 10% to 12.5% on 60 of the country's key trading partners, covering 99.4% of US imports.

 

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