Extending losses from yesterday, gold prices have plunged on Wednesday after a fresh skirmish broke out in the gulf between the U.S. and Iran, diminishing expectations of an early reopening of the Strait of Hormuz and a quicker end to the Middle East war.
Front Month Comex Gold for August month delivery has plunged by $148.00 (or 3.45%) to $4,138.40 per troy ounce.
Front Month Comex Silver for August month delivery has changed a little on the upside by $0.046 (or 0.07%) to $65.540 per troy ounce.
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Market Analysis
Gold Plummets Amid Renewed U.S.-Iran Conflict, U.S. CPI Data Release
2026-06-10 17:36:57
