Gold steady as investors focus on US-Iran peace talks

Spot gold held steady at $4,191.09 per ounce as investors weighed US-Iran peace talks, with the US waiving sanctions on Iran for 60 days following initial discussions. Traders raised the implied probability of a December Fed rate hike to 89% from 61% prior to last week's Fed meeting. Silver fell 0.4% to $64.92, platinum slipped 0.4% to $1,672.90, while palladium edged up 0.1% to $1,266.35.