Gold, silver rates today: Comex gold falls below $4,000, silver slips under $60 as hawkish Fed outlook boosts US dollar

Precious metals experienced a sharp sell-off on June 24, with gold dropping to $3,980 and silver falling to $58. Factors include a stronger US dollar, rising interest rate expectations, and adjustments in gold forecasts from major banks, resulting in significant losses for both metals this year.