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2026-08-11 10:08:45 am | Source: Kedia Advisory
Buy Silver SEP @ 234000 SL 230000 TGT 238000-240000. MCX - Kedia Advisory
Buy Silver SEP @ 234000 SL 230000 TGT 238000-240000. MCX - Kedia Advisory

SILVER

BUY SILVER SEP @ 234000 SL 230000 TGT 238000-240000. MCX

Observations

Silver trading range for the day is 229695-240795.

Silver gains supported by an unexpected contraction in the US labor market

Fed’s Barkin said that hiring data for July represents a continuation of recent trends.

Speculative net long positions in COMEX silver futures rose by 2,679 contracts, reaching a total of 11,067 contracts.

Perth Mint's silver sales jumped more than 65% from prior month to 486,043 ounces.

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