Gold and silver prices are seen pressured on Wednesday morning in Asia although developments around Middle East war will be watched closely. US President Donald Trump stated that if Iran does anything that stops the flow of oil through the Strait of Hormuz, it will be hit by the US. Any signs of escalating tensions or a prolonged war in Iran could boost the traditional safe-haven asset. Meanwhile, US February Consumer Price Index (CPI) inflation data will take center stage later on Wednesday. Currently, gold futures are quoting at $5211.10 an ounce, down half a percent on the day while silver fell over 1% to end at $88.46 per ounce.