Gold prices have moved sharply lower during trading on Wednesday, extending the downward move seen over the two previous sessions.
The price of gold plunged early in the session and remains firmly negative. Gold for December delivery has slumped $75.20 or 1.8 percent to $4,102.10 an ounce.
The steep drop by the price of gold comes after the Labor Department released its closely watched report on consumer price inflation in the month of September.
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Market Analysis
Gold Slumps As Inflation Data Renews Rate Hike Concerns
2026-10-14 17:29:01
