Gold and silver ETFs sold off in morning trade on June 25, with silver ETFs falling nearly 4% and gold ETFs down about 2%. MCX gold August futures slipped to Rs 1,41,220 per 10 grams, while MCX silver July futures briefly plunged by nearly Rs 3,000 per kg, about half the January peak. International spot gold fell below the $4,000-an-ounce level as the US dollar stayed firm and markets increased bets the Federal Reserve could raise rates this year to curb inflation.