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2026-04-23 12:09:56 pm | Source: Kedia Advisory
Sell Silver MAY @ 250000 SL 252500 TGT 247000-245000. MCX - Kedia Advisory
Sell Silver MAY @ 250000 SL 252500 TGT 247000-245000. MCX - Kedia Advisory

Silver

SELL SILVER MAY @ 250000 SL 252500 TGT 247000-245000. MCX

Observations

Silver trading range for the day is 244800-252480.

Silver rose after President Donald Trump extended the ceasefire with Iran

China's March silver imports hit a record high, amid retail investors' buying frenzy and concentrated stockpiling by the PV industry.

The silver market is heading for a sixth year of structural deficit, with 762 million troy ounces drawn from stocks since 2021.

Total global silver supply is forecast to decline 2%, reflecting producer hedging normalising after jumping in the second half of 2025.

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