Silver hits 6-month high before easing on dollar rise

BY

Silver hit a new six-month high on Tuesday on expectations that thin liquidity and growing interest in an exchange-traded fund might push prices to further peaks.

But a recovery in the dollar after a report showing the strongest reading on the U.S. service sector since May prompted investors to take profits, pushing down platinum to one-month lows and dragging down silver from its highs as welll.