Silver zoomed to a new high today by rising to Rs 57,000/kg. In the global market the precious metal touched its 31-year high. Rising inflation, surging oil prices and sustained demand as an alternate asset class have been fanning the prices. Despite reaching an all time high, Silver is going strong at technical level. Its 50-DMA (daily moving average) stood at around Rs 51,000/kg and the immediate support level is at Rs 54,890/kg.