India, July 28 -- Reversing two sessions of gains, gold prices have moved sharply lower on Tuesday as the U.S. decision to halt its strikes on Iran continued for the fourth night, lowering the safe-haven demand for the yellow metal.
Front Month Comex Gold for August month delivery has tumbled by $40.80 (or 1.00%) to $4,036.20 per troy ounce.
Front Month Comex Silver for August month delivery has also slumped by $1.237 (or 2.11%) to $57.280 per troy ounce.
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