* TSX futures up 0.3%

* Oil slips below 1%, gold climbs

June 2 (Reuters) - Futures tracking Canada's blue-chip

stocks edged higher on Tuesday after U.S. President Donald Trump

said talks with Iran were ongoing, easing concerns about

inflation and tighter monetary policy.

June futures on the S&P/TSX index were up 0.3% at

6:43 a.m. ET (1043 GMT).

* Trump's comments on Monday supported hopes for an end to

the war in the Middle East and the reopening of the Strait of

Hormuz. Lebanon's announcement of a partial ceasefire between

Hezbollah and Israel on Monday, following a brief escalation in

hostilities, also lifted risk sentiment.

* Oil prices fell more than 1% on Tuesday following the

news, paring sharp gains from the previous session.

* Spot gold and silver rose 0.9% and 1.9%,

respectively, as weaker oil prices eased concerns about higher

inflation and elevated interest rates.

* The benchmark TSX clocked a second straight

monthly gain in May, with the index hovering near its all-time

highs despite Monday's losses.

* The Bank of Canada's senior deputy governor, Carolyn

Rogers, said while two quarters of annualized contraction in GDP

did meet one definition of a recession, the April advance

estimate showed the economy most likely rebounded.

* Among others, Barrick Mining ( B ), one of the world's

leading gold miners, is weighing a possible London listing for

its African business, with a potential all-share transaction

with UK-listed Endeavour Mining ( EDVMF ) seen as one option under

consideration, two sources familiar with the matter told

Reuters.

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