* TSX futures up 0.5%

* Oil eases from 4-year high, gold climbs

April 30 (Reuters) - Futures linked to Canada's main

stock index gained on Thursday as oil prices retreated from

four-year highs and investors snapped up gold and silver on the

dip, though lingering geopolitical tensions kept them cautious.

June futures on the S&P/TSX index were up 0.5% at

07:20 a.m. ET (1120 GMT).

* Energy markets remained volatile as oil prices retreated

from above $126 a barrel. The earlier surge was after a report

that said U.S. President Donald Trump is slated to receive a

briefing on plans for a series of military strikes on Iran.

* The U.S. is pushing for other countries to form an

international coalition to restore freedom of navigation in the

Strait of Hormuz, according to a State Department cable seen by

Reuters.

* Precious metals found support from bargain hunters, with

spot gold and silver climbing on dip-buying.

* TSX extended its losing streak to a fifth

consecutive session on Wednesday, though it was on track for

modest gains this month followed by sharp losses in March as

geopolitical tensions kept markets on edge.

* Investors were also weighing signals from the U.S. Federal

Reserve and the Bank of Canada (BoC), after both held rates

steady

* BoC Governor Tiff Macklem said if oil prices stayed high

and began pushing up inflation, it might have to respond with

consecutive rate hikes.

* Markets are pricing in at least two quarter-point rate

increases from the BoC this year.

* Results from the four U.S. tech giants - Alphabet

, Amazon ( AMZN ), Microsoft ( MSFT ) and Meta

-released after Wednesday's close could set the tone for

Canadian technology stocks.

* Domestic earnings season was in full swing. Business jet

manufacturer Bombardier reported a 5% rise in

first-quarter revenue, buoyed by strong demand for repair and

maintenance services.

FOR CANADIAN MARKETS NEWS, CLICK ON CODES:

TSX market report

Canadian dollar and bonds report

Reuters global stocks poll for Canada

Canadian markets directory

(Reporting by Tharuniyaa Lakshmi and Ragini Mathur in

Bengaluru)