Silver prices rose 1.80% to USD 21.28 per ounce during the 24 hours ending 23:00GMT, amid strong preference for safe-haven assets.
In the Asian session, at GMT0400, Silver is trading at 21.38, 0.50% higher from yesterday’s close.
Silver is expected to find support at 20.98, and a fall through could take it to the next support level of 20.57. Silver is expected to find its first resistance at 21.63, and a rise through could take it to the next resistance level of 21.88.
The white metal is trading above its 20 Hr and 50 Hr moving averages.