Investing.com - Silver futures rose to an eight-day high on Monday, as concerns over the impact of the 16-day shutdown on the U.S. economic recovery fuelled expectations that the Federal Reserve would delay plans for rolling back its asset purchase program until at least the beginning of next year. Silver prices have largely tracked shifting expectations as to whether the U.S. central bank would start tapering its USD85-billion-a-month asset-purchase program by the end of the year. On the Comex division of the New York Mercantile Exchange, silver futures for December delivery traded at USD22.16 a troy ounce during European morning trade, up 1.15%. Silver prices rose to a session high of USD22.28 a troy ounce earlier in the day, the strongest level since October 9. The December contract ended 0.15% lower on Friday to settle at USD21.91 a troy ounce. Silver prices were likely to find support at USD21.10 a troy ounce, the low from October 17 and resistance at USD22.40, the high from October 9. Investors were awaiting key U.S. data points later in the week in order to determine the impact of the government shutdown on the Fed's stimulus program. The September nonfarm payrolls report, which had been originally scheduled for release on October 4, was due on Tuesday. Silver traders have closely been looking out for U.S. data reports recently to gauge if they will strengthen or weaken the case for the Fed to reduce its bond purchases. The central bank is scheduled to meet October 29-30 to review the economy and assess policy. Elsewhere on the Comex, gold for December delivery inched up 0.25% to trade at USD1,317.80 a troy ounce, while copper for December added 0.2% to trade at USD3.306 a pound.

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