2025-08-11 11:29:15 am | Source: Kedia Advisory
Sell Silver Sep @ 115000 SL 116000 TGT 113800-112800. MCX - Kedia Advisory
Silver
SELL SILVER SEP @ 115000 SL 116000 TGT 113800-112800. MCX
Observations
Silver trading range for the day is 113805-116415.
Silver rose as expectations for US interest rate cuts and uncertainty from new tariffs drove demand for precious metals.
Initial jobless claims in the US rose by 7,000 from the previous week to 226,000 in the last week of July.
Indian silver demand rose 7%, supported by strong price expectations.
Christopher Waller seen as potential Fed Chair, reinforcing dovish policy outlook.
Disclaimer:
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