Gold prices fell on Monday as the dollar firmed, while news the Strait of Hormuz is closed again pushed oil prices higher, reviving inflation fears.

Spot gold was down 0.7% at $4,794.21 per ounce, as of 0537 GMT, after hitting its lowest since April 13 earlier in the session. U.S. gold futures for June delivery fell 1.3% to $4,813.70.