2025-06-09 12:17:13 pm | Source: Kedia Advisory
SELL SILVER JUL @ 106000 SL 107000 TGT 105000-104000. MCX - Kedia Advisory
SILVER
SELL SILVER JUL @ 106000 SL 107000 TGT 105000-104000. MCX
Observations
Silver trading range for the day is 104290-106720.
Silver prices surged, driven by strong industrial demand and ongoing global supply deficits.
The gold-silver ratio dropped to ~94, down from April’s peak of 105, signaling silver’s relative outperformance.
Expectations of a September Fed rate cut have strengthened amid weak U.S. data..
Silver is facing its fifth consecutive year of a structural market deficit.
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
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