2025-12-09 11:07:27 am | Source: Kedia Advisory
Sell Silver Mar@ 182500 SL 184000 TGT 181000-180000. MCX - Kedia Advisory
Silver
SELL SILVER MAR @ 182500 SL 184000 TGT 181000-180000. MCX
Observations
Silver trading range for the day is 179250-184540.
Silver dropped on profit booking after prices gained as investors prepared for an expected Fed interest rate cut.
Silver reserves in London vaults rise 3.5% in November, says LBMA
Current market pricing implies an 88% probability of a 25bps cut in the 3.75% to 4.0% funds rate, with expectations of two more reductions next year.
Silver-backed ETFs added about 200 tons, lifting total holdings to the highest level since 2022 amid robust demand.
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