Silver prices declined 0.43% to USD 31.61 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0300, Silver is trading at 31.61, flat from yesterday’s close.
Silver is expected to find support at 31.35, and a fall through could take it to the next support level of 31.09. Silver is expected to find its first resistance at 31.88, and a rise through could take it to the next resistance level of 32.16.
The white metal is showing convergence with its 20 Hr and 50 Hr moving averages.