Gold and silver are getting smashed

Gold and silver futures slid on Thursday following the Federal Reserve's expected decision to raise interest rates. 
At 12:20 p.m. ET, gold futures are down 3.1%, or $36.25 an ounce, to $1,127, the lowest level since January. 
After a roaring start to the year, the precious metal has tumbled nearly 17% from its peak in July. 
Because gold does not bear any interest, its appeal sours when interest rates rise or are expected to go higher. This is not always the case, howev