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Gold and silver prices declined in domestic and global markets as investors monitored developments in West Asia.

The IMD has issued an orange alert for Delhi-NCR, forecasting rain, thunderstorms, lightning and strong winds over the next two days.

Gold and silver prices declined as rising Fed rate hike expectations, a stronger dollar and elevated crude oil prices pressured bullion markets.

Gold and silver prices opened lower as Fed rate hike concerns, a stronger dollar and rising crude oil prices weighed on bullion sentiment.

Crude oil prices climbed as escalating US-Iran tensions and concerns over the Strait of Hormuz raised fears of supply disruptions.

Delhi-NCR is expected to see temperatures touch 44°C before thunderstorms and light rain bring relief later this week.

Rainfall brought relief to Delhi-NCR, while the IMD has forecast more showers, thunderstorms and strong winds this week.

Domestic LPG cylinder prices have increased by Rs 29, raising the cost of a 14.2-kg cylinder in Delhi to Rs 942.

Gold and silver prices declined after a strong US jobs report boosted the dollar and reinforced expectations of higher interest rates.

The IMD has forecast the arrival of the southwest monsoon in Delhi-NCR between June 25 and June 30 after its onset over Kerala.