Precious Metals Under Pressure Ahead of Pivotal Fed Decision

Gold and silver both fell for a third straight week, with silver the bigger loser, down over 3%, as hot US inflation data pushed rate-hike odds for the September 15-16 FOMC meeting to roughly 90%. Brent crude stayed near $100 on Strait of Hormuz tensions, while the rupee slid past 95.70 against the dollar. Gold...