Silver prices declined 0.90% to USD 33.81 per ounce during the 24 hours ending 23:00GMT.
In the Asian session at 3:00GMT, silver is trading at USD 33.79 per ounce, flat from 23:00GMT.
The first level of short term resistance on the upside is at 34.18, followed by 34.57. The pair is expected to find support at 33.39, with the subsequent support level at 32.99.
The white metal is showing convergence with its 20 Hr moving average and is trading just below its 50 Hr moving average.