Gold Holds Gains While Silver Slips Amid Equity Plunge and Eased Fed Hike Bets

In late trading gold advanced as equities plunged sharply, pushing Treasury yields lower and trimming December Fed rate hike odds. Spot gold hit 4087.26 dollars an ounce, up 25.93 dollars or 0.64 percent after reaching 4148 dollars intraday. Silver fell to 51.778 dollars, losing 0.407 dollars or 0.78 percent.