Gold holds near $4,330 as Hormuz volatility meets firmer dollar - Kitco AM Report

(Kitco NewsWire) - Spot gold prices are near steady and spot silver prices are higher in early U.S. trading Monday, as oil pulled back from overnight highs, U.S. equity futures recovered and traders looked ahead to Wednesday’s May inflation report. At the time of writing, spot gold was trading near $4,332.20 an ounce, up 0.07%, while spot silver was trading at $68.725, up 1.31% on the session.Friday’s employment report remains the main macro overhang for precious metals. U.S. employers added 172