India, April 23 -- Gold prices have edged lower on Thursday as the planned second round of U.S.-Iran negotiations has been delayed indefinitely with both sides hardening their stance, leaving the Strait of Hormuz blocked with no resumption of oil transit, thereby stoking inflationary concerns once again.
Front Month Comex Gold for June month delivery has fallen by $28.60 (or 0.60%) to $4,724.40 per troy ounce.
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