Silver climbs more than 1% after weak US data

Silver prices surged today, lifted by increased haven demand on precious metals after the release of weak economic data in the US in addition to Brexit doubts.

The US economy showed today that the industrial production fell by 0.4% in September (its worst since April), and the jobless claims increased by 4,000 to 214,000 during the last week.

The United Kingdom and the European Union announced today that they have agreed on a draft deal for the UK departure for the Union, but it still needs the British parliament approval.

As of 19:39 GMT, the dollar index fell by 0.4% to 97.5 points, with an intraday high of 98.1 and a low of 97.5 points.

Gold futures for December delivery jumped by 1.1% and settled at $17.612 an ounce, with a session-high of $17.665 and a low of $17.33