BUSINESSTHE RIO TIMES
Gold and Silver Tumble as the Fed Signals Higher Rates Ahead
Gold and silver prices dropped sharply on June 17 after the U.S. Fed signaled higher interest rates, pushing the dollar to a near-year high. Gold fell 1.65% to $4,260, while silver declined 3.08% to $67.89.
Related Signal
Adjacent reporting
- Gold and Silver Find No Bottom, Sliding Deeper Into the Abyss
- Gold and Silver Keep Falling as Gold Sinks Below Its Long-Term Line
- Chile’s Stock Market Slips as the Fed Lifts the Dollar and Leans on Copper
- Gold and Silver Claw Off the Canyon Floor but Stay Deep in the Abyss
- Gold and Silver Climb Back Toward the Rim Before the Fed
- Bitcoin Drops as the Fed Leans Toward Higher Rates