2026-01-13 11:44:41 am | Source: Kedia Advisory
Silver looks to get support at 245000 and resistance at 292000 - Kedia Advisory
Silver
Silver looks to get support at 245000 and resistance at 292000
Observations
Silver trading range for the day is 256370-277650.
Silver hit fresh record highs on Fed independence concerns and elevated geopolitical risks.
Geopolitical tensions remained high as intensifying protests in Iran raised the risk of wider conflict.
Markets also weighed the outlook for further US rate cuts after Friday’s jobs report showed December employment growth fell short of forecasts.
As at end December 2025, the amount of silver held in London vaults was 27,818 tonnes of silver (a 2.3% increase on previous month).
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