Singapore, April 27 (QNA) - Gold and silver prices declined at the close of trading on Monday, as inflation concerns intensified amid a stalemate in the diplomatic track between Iran and the United States.

Gold futures for June delivery fell 1 percent, or $47.20, to settle at $4,693.70 an ounce.

Silver futures for April delivery also dropped 1.81 percent, or $1.38, to $75.003 an ounce. (QNA)