The Economic Times

Gold prices drop 9,500/10 gram in 4 days; silver down Rs 7,700/kg as US Fed rate hike bets increase. Buy, sell or hold?

Gold and silver prices extended their losses for a fourth straight session on Monday as comments from US Fed Chair Kevin Warsh fuelled expectations of higher interest rates. Gold has declined 9,500 over four sessions, while silver is down 7,700 in three sessions.