Silver prices continued to fall below $30.30 an ounce on Monday, after posting a third straight weekly gain as lower underlying U.S. inflation strengthened expectations for further Federal Reserve interest rate cuts this year.
Traders were wary of Donald Trump's inauguration as U.S. president on Monday night, which could herald an era of massive tariffs, trade wars and widespread market turmoil. Meanwhile, in the Middle East, a long-overdue ceasefire in the Gaza war came into effect as Hamas released three female hostages in exchange for 90 Palestinians held in Israeli jails.
Source: Newsmaker.id
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