India, June 25 -- Gold prices regained ground on Wednesday following the previous session's slump, as Middle East tension cooled off, with investors now turning their focus to the Fed's plans on interest rates.
Gold tumbled by around 1.7% on Tuesday following the news of a ceasefire between Israel and Iran.
Front Month Comex Gold for June delivery gained $9.70 (or 0.3%) to $3,327.10 per troy ounce today.
Front Month Comex Silver for June delivery gained 38.40 cents (or 1.1%) to $36.085 per troy ounce today.
The attacks that Israel initiated on Iran on June 12th (Operation Rising Lion) and the subsequent retaliatory attacks from Iran came to a halt yesterday, with President Donald Trump announcing that a ceasefire had been reached betwee...