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Gold edges lower as Trump's Iran war deadline nears
Gold prices edged lower on Monday as investors await further signals on the evolving U.S.-Iran situation ahead of a deadline to reopen the Strait of Hormuz. Spot gold was down 0.4% at $4,654.99 per ounce by 1:31 p.m. ET (1731 GMT). U.S. gold futures settled 0.1% higher at $4,684.70. Iran has said it seeks a lasting end to the war with the U.S. and Israel, resisting pressure to swiftly reopen the Strait of Hormuz under a temporary ceasefire as both nations weigh a framework to end their five-week conflict. President Donald Trump has threatened to rain "hell" on Tehran if no deal is reached by Tuesday. "Focus is ... (full story)
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- Apr 7, 2026 12:00am Posted byFundamental Analysis179
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