Gold and silver prices declined on Monday as a stronger US dollar and rising inflation concerns reduced expectations of a US Federal Reserve rate cut. Higher Treasury yields and a surge in crude oil prices also pressured precious metals

Gold and silver prices extended their rally this week as escalating Middle East tensions boosted safe-haven demand. Gold futures on MCX crossed Rs 1.65 lakh, while silver futures moved toward the Rs 3 lakh mark amid volatility and supply concerns in global commodity markets