Silver prices rose 2.56% to the USD 27.99 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0300, Silver is trading at 27.95, 0.14% lower from yesterday’s close.
Silver is expected to find support at 27.44, and a fall through could take it to the next support level of 26.92. Silver is expected to find its first resistance at 28.27, and a rise through could take it to the next resistance level of 28.59.
The white metal is trading above its 20 Hr and 50 Hr moving averages.