Silver slips for first session in three as dollar advances

Silver futures retreated modestly in Asian trade off November 2 highs for another session, as the dollar index gained ground, ahead of US employment data later today. 

As of 05:20 GMT, silver futures due in March slipped 0.11% to $14.84 an ounce off six-week highs, while the dollar index inched up to 97.07 against a basket of major rivals. 

Now investors await US unemployment claims data for the week ending December 8, expected with a 5 thousand drop to 226 thousand, while continuing claims are estimated with an increase of 19 thousand in the week ending December 1 to 1.650 million. 

US import prices are expected with a 1% monthly drop in November, compared to a 0.5% increase before, while expected to increase 1.3% y/y, down from 3.5%.