Spot silver slipped $1 intraday to $57.40/oz, down 1.71%.

富时中国A50指数期货盘中跌逾2%。

ING analysts Warren Patterson and Ewa Manthey said gold rose on Monday after a sharp drop in oil—following a pause in US–Iran hostilities—eased inflation worries and pressured the dollar and US Treasury yields. Lower oil improved the outlook for non‑yielding assets ahead of this week’s Federal Reserve meeting. Markets are focused on the Fed and upcoming US inflation prints for rate guidance. If yields remain subdued, gold should find support near current levels; a hawkish Fed surprise could cap further upside.