The Australian Securities Exchange (ASX) is higher for a second day (23 September) gaining 20.70 points by 11.40am AEST, in line with media reporting around a stronger silver price.
Mining.com.au reported the silver price hitting US$44 ($66) per ounce this morning, pushing towards historical highs near an April 2011 mark of US$49.51.
While seven sectors are performing lower today, the materials sector has gained 1.25%.
Asian markets expected to open higher while the Dow Jones gained an additional 66 points over the last session.
Europe however saw a mixed session for its platforms with London’s FTSE rising and Germany’s DAX declining.
Gold is trading at US$3,745 ($5,676) per ounce, while copper is trading at US$4.58 per pound.
WTI Crude oil is selling at US$62.31 per barrel while Brent oil is marked at US$66.55 per barrel.
Iron ore is currently valued at US$105.49 per tonne.
Write to Maddison Elliott at Mining.com.au
Images: Australian Securities Exchange
