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2026-04-28 12:06:20 pm | Source: Kedia Advisory
Sell Silver MAY @ 243500 SL 245500 TGT 240000-237000. MCX - Kedia Advisory
Sell Silver MAY @ 243500 SL 245500 TGT 240000-237000. MCX - Kedia Advisory

Silver

SELL SILVER MAY @ 243500 SL 245500 TGT 240000-237000. MCX

Observations

Silver trading range for the day is 237290-247740.

Silver dropped as investors remained cautious ahead of stalled US-Iran peace talks and a packed week of economic data.

Rising inflation risks and potential central bank rate hikes continue to weigh on the appeal of non-yielding assets like silver.

CME Group lowered the initial margin on its COMEX 5,000 silver futures to 11% from 14%.

Fed is widely expected to keep the federal funds rate unchanged, with no further rate changes anticipated for the remainder of the year

 

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