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2025-10-08 11:12:50 am | Source: Kedia Advisory
Silver trading range for the day is 142995-149195 - Kedia Advisory
Silver trading range for the day is 142995-149195 - Kedia Advisory

Silver 

Prices trading with high volatility. Important resistance at 1,48,200 while Support at 1,43,600

Observations

Silver trading range for the day is 142995-149195.

Silver dropped on profit booking after prices rose to record high amid ongoing US government shutdown and further rate cuts from Fed

Markets are now nearly fully pricing in a quarter-point Fed rate cut this month and another in December.

Investors also await remarks from Fed Governor Stephen Miran on Wednesday and Chair Jerome Powell on Thursday for additional policy cues

Silver Institute projecting a global market deficit for a fifth consecutive year in 2025.

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