Gold Prices Plunge on COMEX: Sharp Drop Amid Inflation Fears

The price of gold on the COMEX division of the New York Mercantile Exchange has dropped sharply, according to trading data. Gold Falls Below Key Level On the morning of March 23, April futures for the precious metal fell below $4,400 per troy ounce for the first time since January 5. At its lowest point, gold reached $4,325.2 per ounce. At the time of publication, prices had partially recovered to $4,367.7.