Silver prices rose 4.64% to USD 31.85 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0300, Silver is trading at 32.175, 1.01% higher from the New York close.
Silver is expected to find support at 30.88, and a fall through could take it to the next support level of 29.58. Silver is expected to find its first resistance at 32.88, and a rise through could take it to the next resistance level of 33.58.
The white metal is trading above its 20 Hr and 50 Hr moving averages.