Yesterday's upbeat market sentiment sees the CME Silver future gain 2.34%

Yesterday at a glance: Silver spiked to $23.45 per troy ounce, gaining 53.5 cents.

On the flip side, highly important Core Durable Goods Orders data from United States beat analyst expectations of 0% with a reading of -0.2%.

Meanwhile, United States Core PCE Price Index (MoM) (Apr) came out at 0.4, while a consensus of analysts was expecting 0.3. United States CFTC Crude Oil speculative net positions released yesterday at 20:30 UTC with a figure of 193,100, while the previous figure was 191,500.

A look at other Metals also shows upside as Copper went up by 2.33% yesterday, and closed at $3.67.

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