India, Nov. 10 -- Completely erasing the gains from Monday' session, gold prices have tumbled on Tuesday amid rising expectations of a higher interest rate regime in the U.S. in the near-term following comments from senior Federal Reserve officials on the necessity to combat rising prices as well as today's October inflation data.
Front Month Comex Gold for December delivery has slumped by $86.30 (or 2.10%) to $4,028.20 per troy ounce.
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