Silver prices declined 1.21% to the USD 27.65 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0300, Silver is trading at 27.59, 0.23% lower from yesterday’s close.
Silver is expected to find support at 27.34, and a fall through could take it to the next support level of 27.09. Silver is expected to find its first resistance at 27.94, and a rise through could take it to the next resistance level of 28.28.
The white metal is trading below its 20 Hr and 50 Hr moving averages.