Gold and silver prices dropped as the US Fed signalled a potential interest-rate hike, overshadowing falling oil prices. Gold futures fell $140, while silver tumbled nearly $5.
Gold and silver prices declined today, reacting to signals from US Federal Reserve officials indicating a potential interest-rate hike. This development overshadowed the impact of falling oil prices. Gold futures dropped $140, while silver saw a nearly $5 reduction in its value.
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