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Gold price hits two-month high, retreats after Hormuz turns oil
['Frik Els']
MINING.COM
Spot gold was little changed around $4,395 after rising as much as 1%.
Spot silver fell about 1%.
Spot gold is sitting barely $25 above that band, and Hansen said longer-term traders want to see a break back above the 200-day moving average before getting involved.
Gold Fields fell 2.2% and Harmony Gold 2.5%.
Among the silver names Coeur Mining added 0.7%, Hecla Mining eased 0.2% and Pan American Silver was unchanged.