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2025-10-17 09:36:18 am | Source: Kedia Advisory
Silver trading range for the day is 161255-171205 - Kedia Advisory
Silver trading range for the day is 161255-171205 - Kedia Advisory

SILVER

Prices trading with high volatility. Important resistance at 1,69,800 while Support at 1,65,400

Observations

Silver trading range for the day is 161255-171205.

MCX silver surged to Rs 1,67,999/kg as short squeeze intensified.

Silver rose above $54/oz, near record highs amid global supply crunch.

Indian demand pressured supply, prompting silver ETF fund-of-fund inflow suspensions.

London lease rates jumped over 30%, driving unsustainable short rollover costs.

 

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