Silver marches higher for second day, dollar slips in Asia

Silver futures rose nearly one percent in Asian trade as the dollar index barely lost ground, ahead of US labor and housing data later today.

As of 05:01 GMT, silver futures due in December rose 0.63% to $14.37 an ounce, while the dollar index shed 0.04% to 94.50 against a basket of main currencies. 

Now investors await US unemployment claims data for the week ending September 15, expected to increase to 210 thousand from 204K in the previous reading, while continuing claims are estimated at 1.705 million in the week ending September 8, up from 1.696 million.

The Philly Manufacturing Index is estimated at 17.5 in September, up sharply from 11.9, while existing home sales are expected with a 0.8% increase to 5.38 million units in August.