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2026-08-21 10:43:24 am | Source: Kedia Advisory
Buy Silver SEP @ 241000 SL 238000 TGT 245000-248000. MCX - Kedia Advisory
Buy Silver SEP @ 241000 SL 238000 TGT 245000-248000. MCX - Kedia Advisory

Silver

BUY SILVER SEP @ 241000 SL 238000 TGT 245000-248000. MCX

Observations

Silver trading range for the day is 231970-250640.

Silver gains as inflation risks pressure U.S. dollar amid ongoing U.S.-Iran faceoff Minutes from the Fed's latest meeting showed several policymakers prepared to raise interest rates.

Traders are currently pricing in a 67% chance of a Fed hold in September, according to the CME FedWatch Tool.

Chinese imports of silver-bearing ores jumped 62.5% year-on-year in June to 219,000 tonnes.

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