(Kitco NewsWire) - Spot gold prices are sharply lower and spot silver prices are also weaker in early U.S. trading Wednesday, as May inflation held above 4%, Treasury yields stayed elevated and U.S.-Iran tensions kept energy-risk pressure in the macro backdrop. At the time of writing, spot gold was trading near $4,165.90 an ounce, down 2.20%, while spot silver was trading at $64.645, down 1.06% on the session.U.S. consumer prices rose 0.5% in May after a 0.6% gain in April, taking the annual CPI