Silver prices declined 3.63% to USD 32.22 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0400, Silver is trading at 32.09, 0.39% lower from yesterday’s close.
Silver is expected to find support at 31.35, and a fall through could take it to the next support level of 30.61. Silver is expected to find its first resistance at 33.13, and a rise through could take it to the next resistance level of 34.16.
The white metal is trading well below its 20 Hr and 50 Hr moving averages.