Gold, silver edge lower as markets weigh U.S.-Iran war and central bank week

Gold and silver prices were modestly lower in early U.S. trading on Monday as traders assessed fresh developments in the U.S.-Iran war and looked ahead to this week's slate of central bank meetings. June gold was last down $24.00 at $4,717.00. May silver was down $0.804 at $75.60. Middle East update: Iran told Pakistan the conflict could end if the U.S. lifts a naval blockade. Traffic through the Strait of Hormuz remains halted as blockades stay in place. The U.S. said the Navy intercepted an Iran-linked vessel in the Arabian Sea. Germany is preparing naval units for a potential Hormuz mission. Source: Kitco.