Silver plumbs two-month trough as dollar mounts early 2017 peak

Silver futures fell nearly one percent in American trade to September 11 lows, while the dollar index rallied to January 2017 highs, in a day that lacked US data due to the Veterans' Day bank holiday. 

As of 07:51 GMT, silver futures due in December fell 0.92% to $14.01 an ounce, marking two-month lows, while the dollar index rose 0.67% to 97.55, marking early 2017 highs. 

Otherwise, Federal Reserve Bank of San Francisco President Mary Daly spoke about the economic outlook at the Regional Economic Development for Eastern Idaho Conference, earlier today.

The Federal Reserve voted at the November 7-8 meeting to maintain interest rates at below 2.25% as expected by market analysts, while vowing to carry on the path of policy tightening.