Silver closes lower on firmer dollar

Silver fell in today's trading unlike gold as the dollar gained against most major currencies, as the markets shifted their focus on corporate results.

The dollar index rose by 0.1% to 98.1 points at 18:41 GMT, reaching a day high of 98.3 points and a low of 97.9 points.

The markets are still anticipating more results on the trade negotiations between the US and Chian as a new round of trade talks between the two countries will start on April 30 in Beijing, followed by another round in Washington.

This comes with the emphasis of US and Chinese officials to make further progress in trade negotiations and that they are close to concluding a final trade agreement.

Silver futures (May delivery) fell by 0.3% to close at $14.879 an ounce, the metal hit a high of $14.975 and a low of $14.815.