Silver extends gains to near 11-week high

Silver prices rose for the third straight session to near 11-week highs, as US treasury yields fell while gold prices eked out gains as well.

The International Monetary Fund has kept its global growth forecasts steady for this year and 2019, while noting that trade disputes could hurt confidence but not growth directly for the time being. 

Silver continues to muscle up after ten weeks of sideways trading, with the precious metal shrugging off a rise in Asian stocks today, and a recovery in the dollar index.

10-year US treasury yields rose to one-month highs yesterday before reversing lower in Asian trade today, underpinning the white metal. 

Silver inched up to $17.21 an ounce from the opening of $17.16, with a session-high at $17.24, and a low at $17.11.