Silver Slips Below $61.00 as Markets Turn Cautious

Silver (XAG/USD) extended its decline, drifting below the $61.00 level during the current session. The white metal retreated from Monday's high, paring some of the advance recorded last week.

The pullback comes as broader market caution weighs on precious metals, with traders monitoring risk sentiment and macroeconomic cues. No specific catalyst was cited in the source post.

Technical traders are watching whether XAG/USD can hold above the $60.00 mark or if further downside pressure could accelerate losses.