Live Spot Gold
Bid/Ask
4,736.804,738.80
Low/High
4,647.804,749.30
Change
+23.10+0.49%
30daychg
-11.70-0.25%
1yearchg
+1,453.90+44.30%
Silver Price & PGMs
(Kitco News, Mon. May 11th, 2026) – Spot gold prices are firmer and spot silver prices are sharply higher in early U.S. trading Monday, as renewed U.S.-Iran tensions lifted crude oil and kept inflation risk in focus ahead of this week’s U.S. data. At the time of writing, spot gold was trading near $4,727.20 an ounce, up 0.29%, while spot silver was trading at $85.010 an ounce, up 5.97% on the session.
The Monday U.S. calendar is light but not empty, with April existing home sales due at 10:00 a.m. ET. The larger macro risk sits Tuesday, when April CPI and core CPI are scheduled for 8:30 a.m. ET, with headline CPI expected at 0.6% month over month and 3.7% year over year and core CPI expected at 0.3% month over month and 2.7% year over year.
Oil regained ground after the latest U.S.-Iran peace push failed to reopen the Strait of Hormuz trade in a durable way. Brent crude traded near $104.32 a barrel, up about 3%, while Nymex WTI crude was near $98.40 a barrel, up 3.2%, after both contracts had dropped 6% last week on hopes for a deal.
Technically, spot gold bulls’ next upside price objective is to push prices back above the $4,632.97 level, with a sustained move targeting the $4,744.34 to $4,768.60 resistance area. Bears’ next near-term downside price objective is a break below $4,601.94, with deeper downside targets at $4,541.88 and then the $4,495.33 to $4,401.84 support zone. First resistance is seen at $4,744.34 and then at the 50-day moving average near $4,768.53. First support is seen at $4,632.97 and then at $4,601.94.
Spot silver bulls’ next upside price objective is to drive prices above the $82.13 to $83.61 resistance area, with a sustained move above that zone targeting $91.34. The next downside price objective for the bears is a break below the 50-day moving average at $76.94, with deeper downside targets at $74.63 and then the $72.03 to $69.43 retracement zone. First resistance is seen at $82.13 and then at $83.06. Next support is seen at $76.94 and then at $74.63.