India, April 21 -- Extending yesterday's slump, gold prices have plunged on Tuesday as investors' attention converges on how the U.S.-Iran peace talks would pan out, with the crucial two-week ceasefire deadline ending in a day. The Strait of Hormuz still remains shut, increasing oil supply concerns.
Front Month Comex Gold for June month delivery has plummeted by $108.80 (or 2.25%) to $4,720.00 per troy ounce.
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