Silver prices rose 3.75% to USD 32.72 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0400, Silver is trading at 32.62, 0.31% lower from yesterday’s close.
Silver is expected to find support at 31.51, and a fall through could take it to the next support level of 30.41. Silver is expected to find its first resistance at 33.40, and a rise through could take it to the next resistance level of 34.18.
The white metal is trading above its 20 Hr and 50 Hr moving averages.