India, July 15 -- Gold prices fell on Tuesday as investors are awaiting updates on tariffs amid increasing inflation in the U.S.
Front Month Comex Gold for July delivery fell $21.70 or (0.65%) to $3,329.80 per troy ounce today.
Front Month Comex Silver for July delivery slumped 62.80 cents (or 1.63%) to $37.834 per troy ounce today.
On the economic front, data released by the Labor Department revealed that the core consumer prices, which exclude food and energy, rose by 0.2% in June. Annual core inflation ticked up to 2.9%.
The Labor Department said its consumer price index rose by 0.3% in June after inching up by 0.1% in May. The annual rate of consumer price growth accelerated to 2.7%.
On the tariff front, on his social media platfor...