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)