Silver: Trading lower in Asian session

Silver

Silver Movement

Silver prices rose 0.45% to USD 37.60 per ounce during the 24 hours ending 23:00GMT, in line with the rise in gold prices.

In the Asian session at 3:00GMT, silver is trading at USD 37.56 per ounce, 0.11% lower, from 23:00GMT.

The first level of short term resistance on the upside is at 37.87, followed by 38.19. The pair is expected to find support at 37.33, with the subsequent support level at 37.11.

Silver is trading between its 20 Hr and 50 Hr moving averages.

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