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2025-05-20 10:16:30 am | Source: Kedia Advisory
Sell Silver JUL @ 96000 SL 96800 TGT 95200-94200. MCX - Kedia Advisory
Sell Silver JUL @ 96000 SL 96800 TGT 95200-94200. MCX - Kedia Advisory

SILVER

SELL SILVER JUL @ 96000 SL 96800 TGT 95200-94200. MCX

Observations

Silver trading range for the day is 94735-96605.

Silver remained supported by the outlook of lower interest rates by major central banks.

Softer inflation reinforced bets on two Federal Reserve rate cuts later this year.

Silver holdings in London rose for the first time since October 2024.

There were 22,859 tons of silver held in London vaults in April, up 3.3 % from March, the LBMA said.

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