Silver rose in the European market today, to mark the first rise in 5 days, in its attempts to recover from 2-week low it hit yesterday, while dollar's rise against a basket of currencies curbs silver's gains.

As of 11:55 GMT, silver prices rose by 0.7% to $18.10 an ounce, from the opening of $17.98, with a high of $18.24, and a low of $17.97.

Yesterday, gold silver lower by 0.1%, its fourth daily loss in a row, as it slumped to a 2-week low of $17.77 an ounce.

During last Wednesday, silver hit a 3-year high of $19.64, which was followed by increased profit-taking that pushed it lower by about 8% in less than a week.

Besides profit-taking and correction since last Wednesday, silver fell also due to low heaven demand as risk appetite improved

The dollar index rose by 0.3% today against a basket of currencies, extending its gains for the second straight day to 1-week high of 98.66 points, which doesn't favor most metals and commodities denominated in dollars.

Dollar drew support from the 10-year US Treasury yield rising, as market risk appetite improved and recession fears in the US eased.

Gold prices rose today in the European market, for the first day in the last 5, in attempts to recover from 1-month low hit yesterday, while dollar's rise against a basket of currencies curbs gold's gains.

Gold prices rose by 0.6% to $1,495.02 an ounce, from the opening of $1,485.66, with a low of $1,485.03.

Yesterday, gold closed lower by 0.9%, its fourth daily loss in a row, as it slumped to a 1-month low of $1,484.48 an ounce.

Gold fell on low heaven demand as risk appetite improved, in addition to profit-taking from a 6-year high on last Wednesday

That risk appetite improved after the announcement of the latest round of the US-China trade talks by next month, in addition to British Parliament passing a bill to prevent the no-deal Brexit.

The dollar index rose by 0.2% today against a basket of currencies, extending its gains for the second straight day, which doesn't favor most metals and commodities denominated in dollars.

Dollar drew support from the 10-year US Treasury yield rising to a 3-week high, as market risk appetite improved and recession fears in the US eased.

Gold holdings at SPDR Gold Trust, remained unchanged yesterday to a total of 882.42 metric tons (the lowest level since September 2).

European stocks opened higher today, extending gains for the fourth second session to a 6-week high, on hopes that the ECB will take new stimulus measures tomorrow to support the weak economy, amid continues positive signs on the easing of the US-China trade war.

As of 11:10 GMT, stoxx Europe 600 Index rose by 0.4%, to the highest level since July 30th, while the index closed higher by 0.1%, on the banking sector's gains.

The index opened higher today, to extend its gains for the second consecutive session to a 6-week high, with most of the European markets and sectors surging.

The European Central Bank (ECB) next meeting will launch tomorrow, and will include the bank's members discussions on monetary policy and interest rates, with forecasts of negative rates to stimulate the European economy

The Chinese Ministry of Finance announced on Wednesday that 16 US products would be exempted from tariffs, with a 1-year exemption from September 17th.

Which is interpreted as the latest sign on the easing of the US-China trade war after the announcement of a new round of trade talks in Washington in first of October.

S&P 500 futures rose by 0.2%,  it closed yesterday in Wall Street flat for the second straight session.

Euro Stoxx 50 index rose by 0.4%, in France the CAC 40 rose by 0.4%, while Germany's DAX rose by 0.7%, and in London, the FTSE 100 rose by 0.9%.

British pound rose against US dollar today, for the third day in a row, near touching the 6-week high, after strong data in the UK and the recent developments in the Brexit file before the suspension of the British parliament which raised odds of a near UK deal with the EU.

GBP/USD rose by 0.3% to $1.2369, from the opening of $1.2332, with a low of $1.2320.

Sterling closed higher by 0.5% against dollar yesterday, its second daily gain, as it jumped to a 6-week high of $1.2384 in the previous day.

The British parliament rejected a vote proposed by Johnson for early elections ahead of a five-week suspension of parliament until October 14th, which is two weeks before the Brexit deadline.

Johnson's proposal for the election received only 293 votes, less than the two-thirds majority needed to pass it, in the latest blow from the parliament to the prime minister within a week.

Queen Elizabeth II on Monday approved a legislative bill requiring the prime minister to request from the EU delaying the Brexit for another three months if no agreement is reached with Brussels before October 31st.

British pound also drew support from strong UK data, which indicate a recovery in the British economy during Q3.

The data showed yesterday the average earnings index rising at the highest pace in 9 years in July, while the unemployment rates fell to 3.8%, which is the lowest level since 1975.