2026-08-27 09:27:21 am | Source: Kedia Advisory
Buy Silver Sep @ 238000 SL 235000 TGT 242000-245000. MCX - Kedia Advisory
Silver
BUY SILVER SEP @ 238000 SL 235000 TGT 242000-245000. MCX
Observations
Silver trading range for the day is 233830-249080.
Silver dropped as treasury yield edges up as markets weigh inflation and Fed outlook
The PCE price index rose 0.2% in July, above expectations for a 0.1% increase, while annual inflation reached 3.7% versus forecasts of 3.6%.
US GDP grew 1.5% in Q2 as initially estimated, while durable goods orders rose 1.1% in July, beating expectations of 0.5%.
Markets are now pricing around a 60% chance of the Fed leaving rates unchanged next month, down from 64% before the data.
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content of this article for any current or future financial references.
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