June gold GCM6, +0.08% rose $7.20, or 0.6%, to trade at $1,281.40 an ounce. A settlement around this level would be the strongest since May 6. Silver for July delivery SIN6, -0.03% also tacked on 16.6 cents, or 1%, to $17.32 an ounce, also set for its highest settlement in over a week.
On Tuesday, the gold ETF SPDR Gold Trust GLD, +0.34% rose 0.4%. The VanEck Vectors Gold Miners ETF GDX, +1.35% jumped 1.8%, while silver-focused iShares Silver Trust SLV, +0.55% was 0.8% higher.
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