Gold dropped below four thousand dollars an ounce for the first time since November and silver slid toward six-month lows, hammering Latin American miners.

Gold climbed toward $4,200 and silver rose 2% to $66.60 on June 22, bouncing off last week's lows as a U.S.-Iran summit and softer dollar eased pressure.

Gold eased 1.7% to 4,120 and silver fell 3.7% to 62.61 on June 22 as a firmer dollar and US rate-hike bets outweighed a fading Iran premium.