Silver rises nearly 1% as dollar falls for second session

Silver futures rose nearly one percent in American trade away from early May lows, as the dollar index fell off July 14 highs, following earlier mixed data from the US. 

As of 08:02 GMT, silver futures due on July 15 rose 0.77% to $16.53 an ounce from the opening of $16.39, while the dollar index fell 0.35% to 94.53 from the opening of 94.86. 

US President Donald Trump threatened a 20% tax on all cars assembled in the European Union a month after his administration started looking into whether imported cars represent "threat to national security".

Earlier US data showed the preliminary reading for the services PMI down to 56.5 in June from 56.8 in May, beating forecasts of 54.9, while the manufacturing PMI slipped to 54.6 from 56.4, missing forecasts of 56.3.