Silver rises as dollar eases

Silver prices rose slightly on Wednesday, as the US dollar fell against most of its peers following the release of weak economic data.

Data showed that the US durable goods orders index fell 0.4% in September, better than forecasts of a drop by 1.1%, and the core reading rose 0.4% in September, on par with forecasts.

The US goods trade balance recorded a deficit of $96.3 billion last month, more than forecasts of $88.2 billion.

The dollar index fell against a basket of major currencies 0.2% to 93.7 points as of 20:12 GMT, after hitting a high of 94.01 points and a low of 93.7 points.

 Silver spot prices rose 0.2% to $24.1 an ounce as of 20:12 GMT.