Gold and Silver Decline After Hawkish Fed Hold

Spot gold fell to around $4,260.10 per ounce, losing 1.65%, while silver dropped 3.08% to $67.885 amid the Federal Reserve's decision to maintain rates at 3.50% to 3.75%. The central bank highlighted solid economic growth and persistent inflation pressures, revising its 2026 rate projection upward to 3.8%.