Silver prices rose 3.44% to USD 29.50 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0300, Silver is trading at 29.26, 0.82% lower from yesterday’s close.
Silver is expected to find support at 28.72, and a fall through could take it to the next support level of 28.18. Silver is expected to find its first resistance at 29.85, and a rise through could take it to the next resistance level of 30.45.
The white metal is trading between its 20 Hr and 50 Hr moving averages.