Powered by: Motilal Oswal
2026-01-08 10:05:39 am | Source: Kedia Advisory
Silver looks to get support at 230000 and resistance at 268000 - Kedia Advisory
Silver looks to get support at 230000 and resistance at 268000 - Kedia Advisory

Silver

Silver looks to get support at 230000 and resistance at 268000

Observations

Silver trading range for the day is 238940-265520.

Silver fell as ETFs shed over 3.2 mln oz for a third day, signaling profit booking.

U.S. private payrolls rebounded less than expected in December.

New orders for US manufactured goods fell by 1.3% from the previous month to $607.4 billion in October of 2025.

HSBC raises average silver price forecasts to $68.25 for 2026

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here