Gold, silver rates today: Comex gold and silver fall for second day as US Fed rate hike bets boost dollar (opens original article in a new tab)

Gold and silver prices fell for the second day as US Fed rate hike expectations strengthened the dollar, dampening precious metal demand.

• COMEX gold futures fell $107 per troy ounce to $4,138, with weekly losses at 1.5%
• COMEX silver futures declined $3 per troy ounce to $63.35, heading for sixth straight weekly loss
• US Fed rate hike expectations boosted the dollar, reducing gold and silver appeal