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2026-08-07 10:30:39 am | Source: Kedia Advisory
Buy Silver SEP @ 222000 SL 219000 TGT 225000-228000. MCX - Kedia Advisory
Buy Silver SEP @ 222000 SL 219000 TGT 225000-228000. MCX - Kedia Advisory

SILVER

BUY SILVER SEP @ 222000 SL 219000 TGT 225000-228000. MCX

Observations

Silver trading range for the day is 222110-230260.

Silver dropped as investors continued to assess the outlook for monetary policy and the path of interest rates.

Proposed Hormuz deal would give Iran control of inbound traffic US non-farm payrolls report due on Friday

Market expectations for a September U.S. rate hike have eased to 55% from 67% two days earlier.

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