Precious metals slide on US rate-hike fears
Gold fell more than 1% amid bets on US rate hikes. Gold and silver ETFs later tumbled by up to 3.6% as precious metals slid on fears of Federal Reserve rate hikes.
Timeline
Monday, 28 September
- Gold and silver ETFs fall as bullion prices slide amid higher yields and Fed rate-hike fears
Gold and silver ETFs fell by up to 4% in one report and 3.6% in another
