Silver Movement
Silver prices rose 3.44% to USD 40.90 per ounce, on Friday during the 24 hours ending 23:00GMT.
In the Asian session at 3:00GMT, silver is trading at USD 41.46 per ounce, 1.37% higher, from 23:00GMT.
The first level of short term resistance on the upside is at 42.12, followed by 42.77. The pair is expected to find support at 40.26, with the subsequent support level at 39.05.
The pair is trading between its 20 Hr and 50 hr moving averages.
