2025-05-05 11:28:40 am | Source: Kedia Advisory
Sell Silver Jul @ 94700 SL 95400 TGT 94000-93300. MCX - Kedia Advisory
SILVER
SELL SILVER JUL @ 94700 SL 95400 TGT 94000-93300. MCX
Observations
Silver trading range for the day is 92810-96060.
Silver prices fell as easing global trade tensions dampened demand for safe-haven assets.
The U.S. economy added 177,000 jobs in April 2025, a slowdown from the downwardly revised 185,000 in March
Traders trimmed bets that the Federal Reserve will cut rates as soon as June after the jobs report.
Silver’s industrial demand outlook came under pressure amid weaker economic data from major economies.
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