Gold prices have slumped on Tuesday as the U.S. administration delays responding to a 14-point peace plan submitted by Iran while uncertainty surrounding the reopening of the Strait of Hormuz continues to linger.Front Month Comex Gold for June month delivery was last seen trading at $4,511.10 per troy ounce, tumbling by $46.90 (or 1.03%).Front Month Comex Silver for June month delivery was last se…
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Market Analysis
Gold Tumbles As Hormuz Crisis Continues While Iran Awaits U.S. Response To Peace Plan
2026-05-19 17:37:52
