Silver jumps over 3.5% as dollar falls after weak data

Silver prices rose on Friday, as the US dollar fell against most currencies, after the release of mixed jobs data in the US.

Data showed that the US economy has added 235K jobs in August, worse than forecasts of adding 720K new jobs.

The US unemployment rate fell to 5.2% in August, from the previous reading of 5.4%.

Analysts see that the disappointing jobs report may increase uncertainty in the markets about the Fed's expected move to reduce the size of its bond-buying program before the end of this year.

The ISM US services PMI fell to 61.7 points from 64.1 points in August, worse than forecasts of 61.9 points.

The dollar index fell against a basket of major currencies by 0.2% to 92.07 points as of 19:47 GMT, after hitting a high of 92.2 points and a low of 91.9 points.

As of 19:47 GMT, silver spot prices rose 3.8% to $24.8 an ounce.