Gold fell 1.65% to about $4,260 and silver dropped 3.08% to $67.89 on June 17 as the U.S. Fed signaled higher rates, lifting the dollar and bond yields.
Key facts
Gold fell about 1.65% to roughly $4,260 an ounce on Wednesday, June 17.
Silver dropped further, down around 3.08% to about $67.89 an ounce.
The slide came after the U.S. Federal Reserve held rates steady but signaled possible increases ahead.
The dollar surged to its strongest day in nearly a year, a headwind for both metals.
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