2025-05-13 09:43:26 am | Source: Kedia Advisory
Sell Silver Jul @ 95800 SL 96500 TGT 95000-94200. MCX - Kedia Advisory
Silver
SELL SILVER JUL @ 95800 SL 96500 TGT 95000-94200. MCX
Observations
Silver trading range for the day is 92500-98070.
Silver prices dropped following a major breakthrough in U.S.-China trade relations.
U.S. tariffs on Chinese goods will be cut from 145% to 30%, while China will lower its duties on U.S. imports from 125% to 10%.
There were 22,859 tons of silver held in London vaults in April, up 3.3 % from March, the LBMA said.
The improved risk sentiment, further bolstered by a fragile but holding ceasefire between India and Pakistan, weighed broadly.
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