The yellow metal continues to trade above the psychological barrier of $ 1900 this morning, Monday, May 31, the last session of the month of May, and is trading at levels of 1904 dollars an ounce, heading to record the best monthly performance since July of last year, with heights exceeding 7 percent. Gold’s gains in May coincided with rising concerns in the market about rising inflation in April, according to data from the US Department of Commerce, as the personal spending index recorded its highest level in 31 years in April, and consequently with the market’s concern that 2021 will witness the largest price rise in the 35 years. The last, especially after the statements of US Treasury Secretary Janet Yellen at the end of last week that the rate of inflation and annual numbers may continue to rise until the end of this year, to support these price increases in the yellow metal, given that it is the best store of value at these times. Markets are awaiting the US Federal Reserve meeting in mid-June, as the US Federal Reserve is expected to start thinking about changing its monetary policy due to these big hikes in inflation rates. During the current week, all eyes are on the US labor market data and the announcement of employment data in the non-agricultural sector in the United States of America by the end of the week, as the economy is expected to add about 700,000 jobs in May and unemployment rates will decline to 5.9 per cent. This improvement in the US labor market halts gold rallies, even temporarily. On the other hand, silver is trading with the opening of the European markets for Monday’s session at levels of 27.95 dollars per ounce, a rise of about 0.26 percent. On the other hand, palladium is trading at levels of $ 2.837, a rise of about 0.41 per cent, while platinum is trading down by about 0.59 per cent, trading at levels of $ 1.184.