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2026-07-10 10:11:23 am | Source: Kedia Advisory
Buy Silver Sep @ 220000 SL 218000 TGT 226000-228000. MCX - Kedia Advisory
Buy Silver Sep @ 220000 SL 218000 TGT 226000-228000. MCX - Kedia Advisory

Silver

BUY SILVER SEP @ 220000 SL 218000 TGT 226000-228000. MCX

Observations

Silver trading range for the day is 219000-231380.

Silver rose supported by a softer dollar, though gains were capped as investors remained focused on escalating tensions in ME.

Fed’s minutes showed growing concern over inflation, with several policymakers seeing a case for a rate hike.

Global headline inflation is now expected to reach 4.7% in 2026, up from 4.1% in 2025, before easing to 3.9% in 2027 - IMF

The IMF kept its 2026 global growth forecast virtually unchanged at 3%, just 0.1 percentage point below its April projection.

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