Silver closes higher by 1% amid a rebound in stocks and metal markets

Silver prices rose during today's trading amid  a ries in investor demand for equity markets as well as safe havens such as precious metals -including gold and silver- despite the dollar's rise.

US President Donald Trump said a meeting would be held with his Chinese counterpart Xi Jinping on the sidelines of the G20 summit in Japan later this month.

That optimism raised the possibility of a trade agreement reach between the two countries to mark the end of the trade war by abolishing existing tariffs.

On Wednesday, the Federal Reserve is expected to announce its interest rate decision and it is expected to stabilize between 2.25% and 2.50% unchanged, followed by a press conference by Central Bank President Jerome Powell.

The dollar index rose by 0.1% to 97.7 points at 19:34 GMT, reaching a high of 97.7 points and a low of 97.3 points.

At the end of the session, silver futures (July delivery) rose 1.1% to $14.993 per ounce, and the metal hit a day high of $15.08 and a low of $14.80.