Gold and silver slump to five-week lows as Fed rate-hike expectations rise

Gold fell to about $4,278.60 and both gold and silver crashed to new five-week lows, with roughly $650 billion wiped from the two metals in seven hours as Fed rate-hike expectations rose to 4.00%. Traders are focused on the Federal Reserve's interest rate decision on Wednesday.

Detected & updated continuously · Source: Nebula