Precious Metals Preview: COMEX gold and silver continues to lose momentum

COMEX gold and silver continues to lose momentum in early Asia on Tuesday as continues geopolitical tensions in Middle East keeps safe haven dollar supported. The uncertainty over the second round of US-Iran peace talks aids the US Dollar, which, in turn, is seen weighing on the yellow metal. Focus now shifts to the crucial two-day FOMC meeting, starting this Tuesday. Besides, investors are also looking ahead to policy decisions from key central banks this week, including the Fed, ECB, and BOJ. Currently, gold futures are seen under pressure at $4685.30 an ounce and silver is down half a percent at $74.61 an ounce.

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