Silver prices rose 2.01% to the USD33.08 per ounce during the 24 hours ending 23:00GMT, as firming global trend boosted demand for industrial metals.
In the Asian session, at GMT0400, Silver is trading at 33.16, 0.26% higher from yesterday’s close.
Silver is expected to find support at 32.73, and a fall through could take it to the next support level of 32.29. Silver is expected to find its first resistance at 33.41, and a rise through could take it to the next resistance level of 33.67.
The white metal is trading above its 20 Hr and 50 Hr moving averages.