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2026-07-23 11:13:53 am | Source: Kedia Advisory
Sell Silver Sep @ 229000 SL 232000 TGT 225000-222000. MCX - Kedia Advisory
Sell Silver Sep @ 229000 SL 232000 TGT 225000-222000. MCX - Kedia Advisory

Silver

SELL SILVER SEP @ 229000 SL 232000 TGT 225000-222000. MCX

Observations

Silver trading range for the day is 222195-231385.

Silver climbed as investors continued to monitor Middle East uncertainties and rising oil prices and their impact on inflation and interest rates.

President Donald Trump downplayed the chances of near-term talks with Iran and warned of additional strikes, lifting oil prices.

ADP data showed US private employers added an average of 16,500 jobs per week over the four weeks ending July 4.

Markets widely expect the Fed to leave interest rates unchanged at next meeting, while pricing in more than a 55% chance of a rate hike in September.

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