Silver prices declined 2.53% to USD 32.06 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0400, Silver is trading at 32.17, 0.35% higher from yesterday’s close.
Silver is expected to find support at 31.72, and a fall through could take it to the next support level of 31.28. Silver is expected to find its first resistance at 32.67, and a rise through could take it to the next resistance level of 33.17.
The white metal is trading below its 20 Hr and 50 Hr moving averages.