Silver gains ground as dollar retreats

Silver futures advanced in Asian trade as the dollar index fell off late November highs, ahead of US inflation data later today. 

As of 05:13 GMT, silver futures due in March rose 0.55% to $14.69 an ounce, while the dollar index dipped 0.14% away from two-week highs. 

Now investors await US producer prices data, expected with no change in November, compared to a 0.6% increase in October. 

Core producer prices are estimated with a 0.1% increase, slowing down from 0.5%, while expected with a 2.5% yearly increase, down from 2.6%.