Silver prices declined 1.42% to USD 28.04 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0300, Silver is trading at 27.91, 0.46% lower from yesterday’s close.
Silver is expected to find support at 27.55, and a fall through could take it to the next support level of 27.18. Silver is expected to find its first resistance at 28.46, and a rise through could take it to the next resistance level of 29.00.
The white metal is trading below its 20 Hr and 50 Hr moving averages.