Bullish Silver runs out of steam at $23.46; currently at $23.45 per troy ounce

A quick look at yesterday: Silver spiked to $23.45 per troy ounce, gaining 53.5 cents.

Nevertheless, United States Core Durable Goods Orders fell short of the 0% projections, with new data of -0.2%.

Meanwhile, United States Core PCE Price Index (MoM) (Apr) released yesterday at 12:30 UTC with a figure of 0.4, while the previous figure was 0.3. Fresh CFTC Crude Oil speculative net positions data from United States came out at 193,100.

A look at other Metals also shows upside as Copper is trading around $3.67 after ending yesterday's session at $3.59 (up 2.33% today).

The CME Silver future is now trading 13.06% below the significant high of $26.35 it set around 23 days ago.