Front Month Comex Gold for September month delivery has inched higher by $23.20 (or 0.53%) to $4,394.60 per troy ounce. Front Month Comex Silver for September month delivery has slid by $0.327 (or 0.50%) to $64.945 per troy ounce. Investors awaited an early deal between the U.S. and Iran to reopen the Strait of Hormuz in the U.S.-Iran war. Among the multiple preconditions listed by Iran, Iran wanted compensation for the extensive damages it suffered due to the recent war with the U.S.-Israeli forces. These reports renewed optimism among investors and contained U.S. dollar value from moving up, which favored the yellow metal.