Silver Movement
Silver prices rose 1.26% to USD 41.09 per ounce during the 24 hours ending 23:00GMT, amid bargain hunting.
In the Asian session at 3:00GMT, silver is trading at USD 41.06 per ounce, marginally lower, from 23:00GMT.
The first level of short term resistance on the upside is at 41.56, followed by 42.07. The pair is expected to find support at 40.28, with the subsequent support level at 39.51.
The white metal is trading just above its 20 Hr and its 50 Hr moving averages.
