India, June 8 -- Gold prices are roughly flat on Monday following U.S. President Donald Trump's halting of an Israel-Iran re-escalation and his reassurance on an imminent U.S.-Iran peace deal. However, the ongoing delay in reopening of the Strait of Hormuz weighed on gold prices.
Front Month Comex Gold for August month delivery has edge down by $2.50 (or 0.06%) to $4,362.80 per troy ounce.
Front Month Comex Silver for August month delivery has dipped by $0.443 (or 0.64%) to $68.930 per troy ounce.
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