Silver trading range for the day is 126985-131365

2025-09-17 12:39:57 pm | Source: Kedia Advisory

Silver trading range for the day is 126985-131365 - Kedia Advisory

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Silver

Be Cautious. Important resistance at 127200 while Support at 130400.

Observations

Silver trading range for the day is 126985-131365.

Silver dropped on profit booking after prices gained as investors positioned for an expected Fed rate cut

The latest US Retail Sales report showed stronger-than-expected consumer spending in August, easing recession fears.

US business inventories rose by 0.2% month-over-month in July 2025, matching June's pace and coming in line with market expectations.

India's silver imports in the first eight months of 2025 more than halved to 2,580 tons from 5,695 tons a year earlier.

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Silver trading range for the day is 126985-131365 - Kedia Advisory

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