Sell Silver DEC @ 163400 SL 164400 TGT 162000-161000. MCX - Kedia Advisory
SILVER
SELL SILVER DEC @ 163400 SL 164400 TGT 162000-161000. MCX
Observations
Silver trading range for the day is 157870-168120.
Silver climbed as investors looked to hedge against global uncertainties with precious metals.
Expectations of Federal Reserve rate cuts, following signs of a weakening US labor market, further supported the metal.
Supply concerns also contributed, with India’s wedding season underway and fears of potential US tariffs on silver.
President Donald Trump signed a government funding bill, officially ending the record 43-day shutdown.
