Silver on MCX settled down -1.87% at 46893 edged lower, declined as the market awaited direction from U.S. nonfarm payrolls data. Silver fell taking a brief pause from its scorching, post-Brexit winning streak, as a favorable payroll indicator sent a strong harbinger for a critical U.S. jobs report at week's end. Silver trading range for the day is 45543-48659.

It came one session after bullion surged amid continuing Brexit-related concerns, after several U.K. property funds halted redemptions due to "exceptional liquidity pressures. 

Failure to break below 46400 levels will push silver prices higher towards 47090 levels . A decisive breakout above 47100 levels will extend the rally towards 47635 / 47850 levels . A daily close below 46000 will open downside targets of 44601 / 43104 levels . Until then, areas between 46500 — 46000 will act as support and counter will rebound higher .