Silver prices dropped 0.87% to the US24.36 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0300, Silver is trading at 24.13, 0.95% lower from yesterday’s close.
Silver is expected to find support at 23.77, and a fall through could take it to the next support level of 23.41. Silver is expected to find its first resistance at 24.80, and a rise through could take it to the next resistance level of 25.47.
The white metal is trading below its 20 Hr and 50 Hr moving averages.