Gold firms, silver gains as traders weigh Hormuz risk, dollar firmness

From kitco.com

Spot gold prices are firmer and spot silver prices are also higher in early U.S. trading Tuesday, as perceived bargain hunting followed Monday’s futures-led selloff while elevated oil prices kept inflation and rate risks in focus. At the time of writing, spot gold was trading near $4,563.30 an ounce, up 0.92%, while spot silver was trading at $73.800, up 1.65% on the session. Monday’s Comex decline set the baseline for the early rebound. May gold futures settled down $110.40, or 2.38%, at $4,519.50 an ounce, while May silver futures fell $2.879, or 3.79%, to $73.072 an ounce. Thin trading tied to holidays in ... (full story)