Silver logs monthly and quarterly losses

Silver futures rose on Tuesday, as March and the first quarter wind down, but posted monthly and quarterly losses.

Precious metals witnessed mixed performance during the first quarter, as some investors rushed to precious metals for shelter while others shifted toward the US dollar and T-bonds due to fears over the coronavirus impact.

The number of coronavirus infections all over the world rose to more than 840,000 cases, and over 41,000 deaths.

The dollar index held at 99.1 points as of 19:46 GMT, after it hit a high of 99.9 and a low of 98.9.

Silver May futures gained 0.2% to settle at $14.156 an ounce, but posted a monthly loss of 14% and a quarterly loss of 21%, with a day high of $14.50 and a low of $14.055.