2026-08-13 09:49:56 am | Source: Kedia Advisory
Sell Silver Sep @ 240000 SL 243000 TGT 236000-232000. MCX - Kedia Advisory
Silver
SELL SILVER SEP @ 240000 SL 243000 TGT 236000-232000. MCX
Observations
Silver trading range for the day is 234150-242530.
Silver climbed as US inflation data broadly matched expectations and reduced concerns about an imminent Fed rate hike.
The annual inflation rate in the US slowed for a second consecutive month to 3.4% in July 2026, from 3.5% in June
Traders are now pricing in a 48% chance of a hike in September, according to the CME FedWatch Tool.
Fed’s Goolsbee said he is more concerned about too-high inflation than about any labour market weakness.
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