Silver prices declined 3.84% to USD31.39 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0300, Silver is trading at 31.48, 0.30% higher from yesterday’s close.
Silver is expected to find support at 30.85, and a fall through could take it to the next support level of 30.21. Silver is expected to find its first resistance at 32.28, and a rise through could take it to the next resistance level of 33.09.
The white metal is converging with its 20 Hr and trading below its 50 Hr moving average.