June gold futures were last up $14 at $1,746.70 and May Comex silver was last up $0.583 at $25.45 an ounce.
The March consumer price index report showed a rise of 0.6% from February and up 2.6%, year-on-year.
Food and Drug Administration has halted the single-dose Johnson and Johnson Covid vaccine distribution due to blood-clotting occurring in a very few vaccine recipients has so far had little impact on the metals markets, although the U.S.
stock indexes are pointed toward mixed openings when the New York day session begins, on some routine chart consolidation from recent gains that put the indexes at record highs.
The price of Bitcoin rose to a new record Tuesday, above $63,000, as it appears Wall Street is embracing the crypto currency world, after dragging its feet on the matter for years.
economic data due for release Tuesday includes the NFIB small business index, weekly chain store sales, the weekly Goldman Sachs and Johnson Redbook retail sales reports, and real earnings.
However, a price downtrend on the daily chart has stalled out and more price gains in the near term would confirm a bullish double-bottom reversal pattern that would be another chart clue that a market bottom is in place.
The next downside price objective for the bears is closing prices below solid support at the March low of $23.74.