Silver rose along with gold on a mix of brightening economic sentiment and investors' willingness to move money into more volatile commodities. Silver opened the day at 28800 and touched a low of 28748, amid dollar infirmity. The greenback’s subjugation briskly impelled the metal to a high of 29156; before siesta drove the commodity to a close of 29044.Now support for the silver is seen at 28809 and below could see a test of 28575. Resistance is now likely to be seen at 29217, a move above could see prices testing 29391.

Trading Ideas:

Silver trading range is 28575-29391.

Silver rose along with gold on a mix of brightening economic sentiment

Silver is taking resistance at 29220 and support is at 28810.

Holdings at ishares silver trust rose by 33.51 tonnes to 9185.29 tonnes