Silver prices kept falling on Friday for the second straight session after hitting three-month highs yesterday, triggering profit-taking operations, while wavering in the markets hurt prices further.
Silver last traded at $17.39 an ounce, down from the opening of $17.44, with an intraday high at $17.47, and a low at $17.22.
Earlier U.S. data showed higher new jobs in January while the unemployment rate rose unexpectedly, as the dollar dithered, leading silver prices to waver as well.
Despite today's drop, prices are heading for the fifth weekly profit in a row as demand climbs on safe havens and alternative investments amid uncertainties in the markets due to U.S. president Donald Trump's policies, which underpins the white metal.
The dollar index, gauging the greenback against an array of six major rivals, fell to 99.75 from the opening of 99.81, with an intraday high at 100.31, and a low at 99.69, following the mixed U.S. payrolls report today.