2025-10-07 09:46:10 am | Source: Kedia Advisory
Silver trading range for the day is 145490-148990 - Kedia Advisory
Silver
Prices trading with high volatility. Important resistance at 1,49,200 while Support at 1,45,600
Observations
Silver trading range for the day is 145490-148990.
Silver climbed as the ongoing US government shutdown and expectations of further Fed rate cuts boosted demand.
Swiss multinational bank UBS has raised its silver price forecasts, flagging strong interest from investor demand.
Lawmakers once again failed to secure a funding deal, halting key federal programs and delaying major data releases.
Investors also await remarks from Fed Governor Stephen Miran on Wednesday and Chair Jerome Powell for additional policy cues.
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