Silver skids to six-week trough

Silver prices kept falling on Thursday, marking a six-week low and on track for the second weekly decline in a row, as the dollar climbs and demand wanes on the safe haven. 

Silver last traded at $17.29 an ounce, down from the opening of $17.44, with a session-high at $17.48, and a low at $17.23. 

Silver's current drop comes as the dollar advances on the euro, which was pounded after the European Central Bank's meeting. 

Negative pressures piled on the safe haven after U.S. treasury secretary announced new tax reform plans, which buoyed risk appetite. 

Tomorrow will see the release of GDP data for the U.S. and Britain, which would impact the dollar, and therefore the white metal.