India, July 30 -- Gold prices dipped on Wednesday as investors believed trade talks would end on a positive note despite the August 1 deadline closing in as US keeps the doors for negotiations still open.
Front Month Comex Gold for August delivery fell by $28.20 (or 0.85%) to $3,295.80 per troy ounce today.
Front Month Comex Silver for August delivery slumped by 53.50 cents (or 1.40%) to $37.566 per troy ounce today.
The crucial deadline for the US "reciprocal tariffs" suspension period ends the day after tomorrow.
Today, US President Donald Trump hinted at a 20% to 25% tariff (plus a penalty) on India though he added that a final deal has not yet been finalized while intense negotiations between high-level officials is underway.
After...