Silver prices declined 1.14% to USD 31.85 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0300, Silver is trading at 31.69, 0.51% lower from yesterday’s close.
Silver is expected to find support at 31.23, and a fall through could take it to the next support level of 30.77. Silver is expected to find its first resistance at 32.40, and a rise through could take it to the next resistance level of 33.11.
The white metal is trading below its 20 Hr and 50 Hr moving averages.