Silver prices rose 2.24% to the USD31.90 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0400, Silver is trading at 32.30, 1.27% higher from yesterday’s close.
Silver is expected to find support at 31.48, and a fall through could take it to the next support level of 30.65. Silver is expected to find its first resistance at 32.77, and a rise through could take it to the next resistance level of 33.24.
The white metal is trading above its 20 Hr and 50 Hr moving averages.