Gold set for biggest monthly rise in 10 on soft dollar, inflation risk – Kitco NEWS
* Silver heads for biggest monthly gain since December
* Spot gold up nearly 7.7% this month
* Gold bulls now have their eyes set on $2,000 – analyst (Adds comment, updates prices)
May 31 (Reuters) – Gold firmed on Monday and was on course for its biggest monthly jump since July 2020 as the U.S. dollar headed for a second month of decline, while growing inflationary pressures also lifted bullion’s appeal.
Spot gold was up 0.1% at $1,904.34 per ounce by 0848 GMT, while U.S. gold futures rose 0.2%…
