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2026-08-17 09:37:32 am | Source: Kedia Advisory
Sell Silver Sep @ 232000 SL 2228000 TGT 237000-240000. MCX - Kedia Advisory
Sell Silver Sep @ 232000 SL 2228000 TGT 237000-240000. MCX - Kedia Advisory

Silver

SELL SILVER SEP @ 232000 SL 2228000 TGT 237000-240000. MCX

Observations

Silver trading range for the day is 228830-241370.

Silver rose as US dollar index fell as the latest economic data limited positions on a Federal Reserve rate hike.

The US PPI inflation was unchanged in July, reinforcing bets the Fed will refrain from hiking interest rates next month.

Fed's Hammack reiterates the need to raise rates

September Fed rate-hike bets reduced to 31%- CME FedWatch Tool

 

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