India, April 20 -- Shedding the gains from the previous session, gold prices have slumped on Monday after the U.S. seizure of an Iranian-flagged ship across the Strait of Hormuz renewed crude oil supply disruption concerns.
Front Month Comex Gold for June month delivery has tumbled by $49.50 (or 1.01%) to $4,830.10 per troy ounce.
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