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Gold $2,334.42 $1.13 0.05% Silver $30.37 $0.04 0.13% Platinum $1,032.04 $3.11 0.3% Palladium $978.00 $12.91 1.34%

Gold slides as Fed reinforces higher-for-longer rates outlook

Gold slides as Fed reinforces higher-for-longer rates outlook

Sep 21 (Reuters) - Gold extended its decline on Thursday, weighed by the surge in the U.S. dollar and U.S. bond yields after the Federal Reserve hardened its hawkish posture on interest rates.

Spot gold shed 0.4% to $1,922.30 per ounce by 0907 GMT, having briefly touched its highest since Sept. 1 before closing lower in the previous session...[LINK]

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