Gold Prices Today: Experts see further pressure on precious metals as hawkish Fed pushes US dollar to 20-year high.

Gold prices fell 1 percent on September 22 in the international markets, as the dollar rose sharply after the US Federal Reserve increased interest rates by another 75 basis points and flagged more hikes. Spot gold dropped 1 percent to $1,656.97 per ounce, as of 0114 GMT. US gold futures fell 0.5 percent to $1,667.30.