Gold, silver slide as dollar firms and Treasury yields rise

Gold and silver prices were under heavy pressure in early U.S. trading Tuesday, sliding as the U.S. dollar index strengthened and U.S. Treasury yields ticked higher. Weakening near-term technical signals for both metals also drew chart-driven, short-term traders to the short side of the futures market. June gold was last down $106.00 at $4,585.00. May silver fell $2.91 to $72.13. Middle East war updates: - Trump not happy with Iran's latest peace proposals - Iranian oil tankers are clustering just shy of the U.S. blockade line - First LNG shipment since the war began appears to exit Hormuz Source: Kitco