India, Aug. 28 -- Gold prices have slumped on Friday as traders analyzed a speech by U.S. Federal Reserve Kevin Warsh at the Jackson Hole economic symposium hinting at rate hikes amid the ongoing U.S.-Iran crisis.
Front Month Comex Gold for September month delivery has tumbled by $129.50 (or 2.81%) to $4,480.70 per troy ounce.
Front Month Comex Silver for September month delivery has also plunged by $2.651 (or 3.82%) to $66.780 per troy ounce.
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