Silver Movement
For the 24 hours to 23:00 GMT, Silver rose 2.62% against the USD and closed at 16.24.
The US Mint indicated that the purchase of silver coins rose to a record high of 44 million ounces this year.
In the Asian session at 4:00GMT, silver is trading at USD 16.24 per ounce, unchanged, from 23:00GMT.
The pair is expected to find support at 15.87, and a fall through could take it to the next support level of 15.51. The pair is expected to find its first resistance at 16.54, and a rise through could take it to the next resistance level of 16.85.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
