Gold Solve Price Update

Although gold and silver were trading higher in Tuesday’s session, both precious metals came sharply off their intraday highs as optimism around a potential peace deal in West Asia weakened following fresh US strikes on Iran, while a recovery in the US dollar also weighed on sentiment. Comex gold gained $60 per troy ounce to touch an intraday high of $4,540 but later erased all of its gains to trade at $4,517, while silver futures dropped to $76.58 from the day’s high of $79.25.