Gold, silver slide as buyers stay sidelined ahead of the Fed - Kitco PM Report

(Kitco NewsWire) - Spot gold and silver prices are lower in late-afternoon U.S. trading Tuesday, as sellers kept pressure on precious metals ahead of Wednesday’s Federal Reserve decision even as Treasury yields and crude oil prices moved lower. At the time of writing, spot gold was trading near $4,027.40 an ounce, down 1.18%, while spot silver was trading near $57.02, down 2.19% on the session.