2025-10-09 09:48:05 am | Source: Kedia Advisory
Silver trading range for the day is 145565-152425 - Kedia Advisory
Silver
Prices trading with high volatility. Important resistance at 1,48,600 while Support at 1,51,600
Observations
Silver climbed to record highs as global uncertainties and the prolonged US government shutdown fueled demand.
Fed’s Miran said that the bond market's current relative calm as measured by long-term interest rates supports a push to lower interest rates aggressively.
HSBC raises 2025 average silver price forecast to $38.56 per ounce
Markets are pricing in additional 25-basis-point rate cuts in both October and December, with probabilities of 95% and 83%, respectively.
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