2025-10-06 09:26:32 am | Source: Kedia Advisory
Silver trading range for the day is 139880-149910 - Kedia Advisory
Silver
Prices trading with high volatility. Important resistance at 1,47,200 while Support at 1,44,200
Observations
Silver trading range for the day is 139880-149910.
Silver gained supported by expectations of further US rate cuts and uncertainty from the government shutdown.
The ISM Services PMI fell to 50 in September 2025 from 52 in August, signalling the services sector stalled.
Goolsbee cautioned that lingering inflation risks make him wary of easing policy too quickly.
ADP reported a surprise drop of 32,000 private-sector jobs in September, reinforcing signs of labor market weakness.
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