Key Facts

Gold-tracking fund GLD gained 0.47% to US$4,052 an ounce as the dollar index softened against a basket of major currencies.

Silver proxy SLV jumped 2.05% to US$59.45 an ounce, outpacing gold as investors bet on both safe-haven and industrial demand.

A weaker greenback made dollar-priced metals cheaper for overseas buyers, lifting the two haven assets in tandem during the session.

Real yields on US inflation-protected bonds held steady removing a key headwind for gold and silver, which pay no interest to holders.