India, May 1 -- Gold futures moved sharply lower during trading on Thursday, adding to the weakness seen in the two previous sessions.
After ending Wednesday's modestly lower but well its worst levels, gold for May delivery plunged $95 or 2.9 percent to $3,210 an ounce
With the steep drop on the day, the price of gold pulled back further off its recent record highs, hitting its lowest levels in over two weeks.
Optimism about possible trade deals reduced the safe haven appeal of gold, with President Donald Trump telling a NewsNation town hall on Wednesday that he has "potential" trade deals with India, South Korea and Japan.
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The slump by the price of th...