On Friday, Silver prices declined 3.86% to the USD31.07 per ounce during the 24 hours ending 24:00GMT.
In the Asian session, at GMT0400, Silver is trading at 30.92, 0.48% lower from Friday’s close.
Silver is expected to find support at 30.43, and a fall through could take it to the next support level of 29.93. Silver is expected to find its first resistance at 31.80, and a rise through could take it to the next resistance level of 32.69.
The white metal is trading below its 20 Hr and 50 Hr moving averages.