Silver Movement
Silver prices rose 5.59% to USD 42.88 per ounce, on Friday, during the 24 hours ending 23:00GMT.
In the Asian session at 3:00GMT, silver is trading at USD 43.33 per ounce, 1.05% higher, from Friday’s close at 23:00GMT.
The first level of short term resistance on the upside is at 44.66, followed by 45.98. The pair is expected to find support at 41.30, with the subsequent support level at 39.26.
The white metal is trading between its 20 Hr and its 50 Hr moving averages.
