Gold and silver prices fall as Iran strikes revive oil risk

Spot gold prices are lower and spot silver is sharply lower in early U.S. trading Tuesday as a firmer U.S. dollar and renewed oil volatility outweigh support from lower Treasury yields. The move is negative for precious metals in the near term, though the article does not indicate a broader market shock or a fundamental trend change.

Analysis

Spot gold prices are lower and spot silver is sharply lower in early U.S. trading Tuesday as a firmer U.S. dollar and renewed oil volatility outweigh support from lower Treasury yields. The move is negative for precious metals in the near term, though the article does not indicate a broader market shock or a fundamental trend change.