Silver prices rose 2.98% to USD 31.31 per ounce, on Friday, during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0300, Silver is trading at 31.40, 0.28% higher from Friday’s close.
Silver is expected to find support at 30.69, and a fall through could take it to the next support level of 29.98. Silver is expected to find its first resistance at 31.90, and a rise through could take it to the next resistance level of 32.39.
The white metal is trading just above its 20 Hr and 50 Hr moving averages.