Silver rallied to an 11-month high on Wednesday, lifting gold for a second session and sending platinum to a fresh six-month top, as a softer dollar and optimism about the Chinese economy buoyed the white metal.

  Silver and Platinum group metals, which generate more demand from industry than gold, are rising on recent upbeat data from key consumer China, where a surge of new debt appeared to be fueling a recovery in factory activity, investment and household spending. Copper and steel have also rallied in recent days.

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Spot silver climbed to $17.21 an ounce, its highest since May 2015, following a 4.4-percent jump on Tuesday. Platinum reached a six-month high of $1,019.90, after climbing nearly 4 percent in the previous session. Palladium hit a fresh one-month peak of $588.05.

 The most traded silver contract on the Shanghai Gold Exchange rose for a tenth session out of 11, climbing about 3 percent on Wednesday to a six-month top.
Assets in silver-backed exchange traded funds are near their highest since 2014, supporting the price rally. The six silver ETFs tracked by Reuters have seen inflows of nearly 30 million ounces since the beginning of the year.

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