BusinessGold holds steady amid Middle East tensions as investors watch U.S.-Iran signals and key U.S. jobs data for clues on Fed rate outlookGold held steady on Tuesday as investors monitored conflicting signals on possible U.S.-Iran talks and looked ahead to a slew of ‌U.S. FundamentalsSpot gold was steady at $4,055.39 per ounce, as of 0042 GMT. While gold is traditionally seen as an ‌inflation hedge, higher rates tend to weigh on the ‌metal since it yields no interest. Traders currently price in ‌a 65% chance that ‌the Fed will raise rates in September, after a divided Fed left rates unchanged at its last policy meeting. ‌Elsewhere, South Korea's central bank will buy gold from local producers to diversify its sources of supply and increase its holdings of the precious metal, it said on Monday.