Spot silver surges, gold firms as CPI risk lifts yields - Kitco PM Report

Spot silver surged and spot gold firmed late Monday as traders balanced last week's U.S. labor-market data against higher oil prices, firmer Treasury yields and Tuesday's April CPI release. At the time of writing, spot gold was trading near $4,736.60 an ounce, up 0.49% on the session, while spot silver was trading near $85.990, up 7.20%.