Silver Leads Precious-Metals Gains on Dollar, Factory Data

Silver Leads Precious-Metals Gains on Dollar, Factory Data

(Bloomberg) -- Silver led gains in precious metals as the dollar dropped and a report showed U.S. manufacturing cooled in April, boosting demand for haven assets.

A gauge of factory activity fell in April from a more than 37-year high a month earlier, according to data from the Institute for Supply Management released Monday. Treasuries climbed to session highs following the data and the greenback retreated.