Shanghai silver main contract was up 2.00% intraday, trading at 14,672.00 yuan/kg.

Gold hit a daily high in European trade and extended a steady rebound after a modest dollar pullback, but remains capped inside the prior session's range as elevated Fed rate-hike expectations and geopolitical risk support the dollar. Traders are sidelined ahead of US nonfarm payrolls. CME FedWatch prices about a 64% chance of a September Fed hike and roughly an 85% chance of at least one hike by year-end. Fed chair Kevin Warsh reinforced the 2% inflation target in remarks Wednesday. Technically, gold trades below the 100-period moving average, reinforcing a near-term bearish bias.

Goldman Sachs (GS.N) will provide funding for 'Trump accounts' for eligible employees' children.