As of 7:23 Greenwich Mean Time on Monday, spot silver rose 1.24% to $29.541 per ounce. Last Friday, spot silver recorded its largest daily decline since February 2, 2021.

On Monday, spot gold slightly weakened, and the market's focus was on more macro data from the United States this week, including key non farm payroll reports.

Spot silver fell more than 3 percent on Monday as markets cut demand for safe-haven assets amid easing fears of a broader conflict in the Middle East.

As of 9:13 GMT on Monday, spot gold rose 0.22% to $2,349.39 per troy ounce.

On Monday, even though the latest strong employment data in the United States led investors to reduce their expectations for a rate hike in June, spot silver prices still hit a 34 month high of $28.088 per ounce.

On Monday, spot gold prices surged to a historic high of $2,265.77 per ounce.

Spot gold prices hit 2,222 per ounce on Thursday.A record high of $91 after the dollar and Treasury yields slipped and the Fed hinted at three rate cuts before the end of the year。

On Tuesday (March 12), spot silver prices fell slightly, but remained close to last Friday's (March 8) 14-week high of 24.$636, upcoming U.S. CPI report will provide more key reference for the timing of the Fed's first rate cut。

Spot silver prices were little changed after the latest U.S. data suggested price pressures were easing and expectations of a June rate cut by the Federal Reserve were largely unaffected.。

Spot silver fell on Wednesday, erasing gains from the previous session to hover above two-week lows。

Yesterday, Pakistan launched a crackdown on separatist militants, while Iran said in Tehran it was retaliating against another group based in Pakistan.。

Three US servicemen were killed in a US drone strike, raising military tensions in northeastern Jordan。At the same time, risk aversion in the market has been boosted by a court order to liquidate China Evergrande Group。

The Treasury said the smaller borrowing requirements were due to projected net fiscal flows and higher-than-expected cash reserves at the beginning of the quarter.。However, a Treasury spokesman declined to elaborate on the improvement in fiscal flows relative to previous expectations.。

Despite escalating Red Sea tensions, Saudi Arabia, the world's largest oil exporter, is likely to cut its premium for all crude grades it sells to Asian countries to its lowest level in a year in February.。

Spot Golden Monday fell back, is expected to continue last week 0.84% decline, Thursday will release the key U.S. Consumer Price Index (CPI) inflation report that could affect the Fed's interest rate outlook.。