Silver rises for second straight session, marking one-month high

Silver prices kept rising on Friday to their highest since April 28, shrugging off the dollar's rise, and heading for the third weekly profit in a row, following earlier data from the world's largest economy. 

As of 05:33 GMT, silver futures due on July 15 rose 0.27% to $17.24 an ounce from the opening of $17.19, while the dollar index gained 0.29% to 97.53 from the opening of 97.25. 

Earlier U.S. data showed the GDP growing 1.2% in the first quarter according to the second reading, up from 0.7% in the first reading, and past expectations of 0.9%, while GDP prices rose 2.2%, down from 2.3% in the previous reading. 

Durable goods orders fell 0.7% in April, compared to a 0.9% rise in March, and besting forecasts of a 1.4% drop. 

Core orders fell 0.4%, compared to no-change in March, while analysts expected a 0.4% rise, reflecting the possibility of continued slowdown in US growth in the second quarter, which could weigh on the Federal Reserve's policy decisions in June. 

The drop in durable gods orders in the first month of the second quarter reflects the possibility of continued slowdown in US growth, which could weigh on the Federal Reserve's policy decisions in June.