GENERAL25 Sept 2026
Hormuz reopening hope to support silver, resistance at $65: Mirae Asset
Mirae Asset Sharekhan says hopes of the Hormuz route reopening could support silver prices. It sees resistance at $65, then the $66.05-$66.40 zone. For short-term trades, it suggests buying the metal with a strict stop-loss below $62. This matters if you hold silver or trade commodities. Keep position sizes small and treat these levels as guidance, not guarantees.
Key Statutory Highlights
- Mirae Asset Sharekhan said that the hope of a Hormuz reopening may support silver prices.
- It sees resistance at $65, followed by the $66.05-$66.40 zone.
- It said traders may buy the metal with a strict stop-loss below $62 for short-term trading.
Actionable Advice for Taxpayers / Founders:If you trade silver, treat these levels as one analyst's view only, use a strict stop-loss below $62 for any short-term buy, and keep your position size within what you can afford to lose.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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