Silver prices declined 1.22% to USD 34.92 per ounce during the 24 hours ending 23:00GMT.
In the Asian session at 3:00GMT, silver is trading at USD 34.85 per ounce, 0.20% lower, from 23:00GMT.
The first level of short term resistance on the upside is at 36.31, followed by 37.78. The pair is expected to find support at 32.83, with the subsequent support level at 30.82.
The currency pair is trading between its 20 Hr and 50 Hr moving averages.