Gold fell 3.25% to $4,120 and silver dropped to $64.79 on June 10 as hot CPI and Fed rate-hike bets crushed the safe-haven trade.

Gold prices dropped over 1% as rising oil prices, fueled by renewed U.S.-Iran hostilities, heightened inflation and interest rate hike concerns. Traders are now pricing in a high…

Precious metals were firmly in negative territory, as fears about inflation and the Federal Reserve's interest rate path weighed on investor sentiment.

Gold prices dropped over 3% as escalating U.S.-Iran tensions fueled inflation and interest rate hike fears. Investors awaited key U.S. data, including the Producer Price Index, to…