Gold Prices Ease in Early Asia Trade

Gold prices eased in early Asia trade on Monday morning, dipping to $4,261 per ounce as the new week began. The market's focus is on whether the improved sentiment surrounding the Strait of Hormuz last week will carry over despite President Trump's earlier comments.

The recent tensions in the region had led to a spike in gold prices, but it appears that the situation may have stabilized for now. However, investors remain cautious and are closely monitoring the developments in the region.