Silver prices declined 1.93% to USD 29.14 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0400, Silver is trading at 29.40, 0.90% higher from yesterday’s close.
Silver is expected to find support at 28.98, and a fall through could take it to the next support level of 28.55. Silver is expected to find its first resistance at 29.79, and a rise through could take it to the next resistance level of 30.18.
The white metal is trading just above its 20 Hr and 50 Hr moving averages.