DID Press: Gold and silver prices fell Wednesday as investors took profits and the U.S. dollar strengthened, adding fresh pressure on precious metals markets.
Spot gold dropped 0.7% to $4,466.19 per ounce, after hitting a record high of $4,549.71 on December 26. U.S. futures for February delivery declined 0.4% to $4,477.30 per ounce.
Silver also slid 1.2% to $80.34 per ounce, following its record peak of $83.62 on December 29.