Silver prices edged lower on Monday, with XAG/USD trading at $60.69 per troy ounce, marking a 0.22% decline from Friday's $60.83, according to FX Street.

The modest drop reflects a cautious tone in precious metals markets as investors weigh various economic indicators and currency movements. Despite the decrease, silver remains near historically elevated levels amid ongoing demand for safe-haven assets.

For Japanese investors, these movements in silver prices come amid a volatile environment in FX and commodities markets, underscoring the importance of closely monitoring global trends affecting precious metals.