Gold and silver prices declined in international markets on Monday (June 8), extending last week's sharp losses as investors reassessed interest-rate expectations following robust US economic data and a surge in crude oil prices.COMEX gold futures were trading at $4,334.50 per ounce, down $30.80 or 0.71%, while COMEX silver fell 2.49% to $67.39 per ounce.The weakness in precious metals comes after a steep correction last week, when gold lost nearly 5% and silver slid about 9%, as stronger-than-expected US labour market data reduced expectations of near-term Federal Reserve rate cuts and pushed Treasury yields higher.Market sentiment remained cautious after a...