India, Nov. 12 -- Adding to the two previous sessions of losses, gold prices have plunged on Thursday as crude oil prices soared after U.S. President Donald Trump's remarks that the U.S. no longer wants any deal with Iran. The return of inflation concerns renewed U.S. rate hike expectations, which weighed on the yellow metal.
Front Month Comex Gold for December delivery has plummeted by $115.20 (or 2.88%) to $3,885.30 per troy ounce.
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