India, April 6 -- Iran has reportedly rejected a temperory ceasefire on Monday, while the U.S. has suggested a new Tuesday deadline to open the Strait of Hormuz. Israel is continuing attack on Tehran's infrastructure, including petrochemical sites.
In the Asian trading session, oil prices gave up early gains. Brent crude futures for June delivery were down 0.4 percent at $108.56. OPEC+ has raised concerns regarding damages to energy infrastructures that could affect oil supply.
Gold edged higher subsequent to reports that the United States and Iran are engaged in indirect negotiations to explore a potential 45-day truce. Spot gold traded 0.4 percent higher at $4,696.35 an ounce. The dollar index was steady in Asian trading while gold pric...