Silver surged 3.75% to $61.73 and gold climbed 2.27% to $4,130 on July 2 after Fed signals eased rate-hike fears and the dollar slipped from a 14-month high.

Gold rose 0.63% to 4,057 and silver 1.30% to 59.84 on July 1, a second up day, but a firm dollar and Thursday's jobs data leave any bottom unconfirmed.

Gold surged 2% and silver nearly 3% on Friday, driven by weaker-than-expected US employment data that reduced concerns over aggressive Federal Reserve interest rate hikes.