Silver climbed over 1% on Monday to top $46.5 per ounce, hitting a new 14-year high amid a weakening dollar due to mounting risks of a US government shutdown.

Treasury yields and the dollar are down, indicating a potential shift in investor sentiment, while stocks are slightly higher in Asia, suggesting cautious optimism among investors.

The Dow fell as investors assessed the prediction from the Fed’s next rate meeting.

Last Friday’s stronger-than-expected US economic data signaled robust consumer activity and persistent inflation above the Federal Reserve’s 2% target.

USD/CAD may rebound toward the ascending channel’s upper boundary around 1.4000.

Precious metals are rising strongly to reach new record highs, with Gold reaching a new all-time high above $3,800.

The Pound Sterling climbs to near 1.3445 against the US Dollar as the US government faces shutdown risks.

Gold prices surged to an all-time high on Monday, driven by a weaker US dollar and growing expectations that the Federal Reserve will continue cutting interest rates later this year.