2026-07-22 10:42:41 am | Source: Kedia Advisory
Buy Silver Sep @ 222000 SL 219000 TGT 224000-226000. MCX - Kedia Advisory
Silver
BUY SILVER SEP @ 222000 SL 219000 TGT 224000-226000. MCX
Observations
Silver trading range for the day is 217195-227795.
Silver jumped as investors monitored diplomatic efforts to ease the US-Iran conflict and assessed the implications for oil prices.
Reports suggested mediators are working to restart negotiations between Washington and Tehran, with a possible 10-day truce being discussed.
Some US policymakers have argued that rates may need to stay elevated for longer, or even rise further, to contain inflation.
US consumer and producer prices both declined in June, largely reflecting lower energy costs, while import prices unexpectedly increased.
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