Silver prices declined 2.67% to USD 30.41 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0300, Silver is trading at 30.685, 0.92% higher from yesterday’s close.
Silver is expected to find support at 29.98, and a fall through could take it to the next support level of 29.27. Silver is expected to find its first resistance at 31.38, and a rise through could take it to the next resistance level of 32.08.
The white metal is trading between its 20 Hr and 50 Hr moving averages.