Sell Silver SEP @ 237000 SL 240000 TGT 234000-232000. MCX - Kedia Advisory
SILVER
SELL SILVER SEP @ 237000 SL 240000 TGT 234000-232000. MCX
Observations
Silver trading range for the day is 231550-239950.
Silver dropped after U.S. headline and core inflation eased slightly from June, easing pressure on Fed to raise interest rates.
The number of people claiming unemployment benefits in the US rose by 9,000 to 209,000 on the first week of August.
US producer prices were unchanged in July 2026, following a revised 0.1% fall in June and compared with market expectations of a 0.2% gain.
Chinese imports of silver-bearing ores jumped 62.5% year-on-year in June to 219,000 tonnes.
