Gold prices have been rising, with some outlets reporting gains of over 1% and a move towards a two-week high, as expectations of a US rate hike have cooled. The shift in rate hike bets is attributed to various factors, including a potential US-Iran deal and weak US jobs data. However, there are conflicting reports on the impact of US-Iran tensions on gold prices, with some outlets indicating a slide in gold prices due to revived tensions.