Precious Metals Gain on Geopolitical Uncertainty as Investors Await Inflation Data

Gold and silver prices are higher on safe-haven demand amid Middle East tensions and less-hawkish Fed ideas

Focus today is on U.S. CPI report for September, seen at 4.1% year-over-year

Asian and European stocks mostly higher; U.S. indexes pointed higher

U.S. dollar index slightly down; Nymex crude oil up around $84.25/barrel

Gold bears have near-term technical advantage but signs of bottom emerging

Silver bears also have near-term advantage; prices still in a downtrend