[Gold Prices Edge Higher in Asian Early Trading as Investors Assess Iran's Proposal to the U.S.] According to Golden Finance, on April 28, during the Asian early trading session, gold prices edged higher as investors assessed Iran's proposal to the U.S. Spot gold rose 0.2% to $4,691.75 per ounce. Media reports citing informed officials stated that Iran has proposed halting attacks in the Strait of Hormuz in exchange for a complete end to the war and the lifting of U.S. blockades on Iranian ports. However, U.S. President Trump and his national security team remain skeptical of the proposal. Abdelaziz Albogdady of FXEM noted in an email that this news has weakened the U.S. dollar, providing some support for gold as a precious metal. However, the market research and fintech strategy manager added: 'Complex diplomatic signals, including setbacks in planned engagements, have left the market lacking confidence in gold prices.' (Sina Finance)