India, Aug. 26 -- After ending the previous session roughly flat, gold prices have moved sharply lower on Wednesday as traders resorted to taking profits from the recent gains. Holding back big moves, investors analyzed the inflation numbers released today while awaiting the upcoming Jackson Hole Symposium.
Front Month Comex Gold for September month delivery has declined sharply by $43.40 (or 0.94%) to $4,597.50 per troy ounce.
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