Silver prices rose 2.97% to USD 28.08 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0300, Silver is trading at 28.19, 0.40% higher from yesterday’s close.
Silver is expected to find support at 27.63, and a fall through could take it to the next support level of 27.08. Silver is expected to find its first resistance at 28.54, and a rise through could take it to the next resistance level of 28.89.
The white metal is trading above its 20 Hr and 50 Hr moving averages.