Silver widens gains to 15-week high

Silver prices rose on Thursday to a 15-week high as the dollar fell against a basket of currencies, buoying silver and commodities generally today.
 
Silver last traded at $18.10 an ounce, up from the opening of $18.00, with a session-high at $18.21, and a low at $17.91.
 
Silver's current rise comes as demand mounts on commodities due to dollar's decline against main rivals following the Federal Reserve's meeting minutes, which underpinned the white metal according to their inverse relation.
 
On the other hand, demand rose on safe havens as investors look for alternative investments amid doubts in the markets about corporate tax cuts that the U.S. administration refuses to detail till now.
 
The dollar index, tracking the greenback versus an array of major rivals, fell to 101.07 from the opening of 101.37, with an intraday low at 100.87, and a high at 101.44.