Gold trades little-changed on the day near $4,700 after having touched a fresh 10-day low below $4,660 earlier in the day and looks to end the week in negative territory. Intensifying US-Iran tensions over the Strait of Hormuz and the lack of progress in peace talks keep investors on edge. Moreover, reviving inflationary fears temper expectations for a more dovish US Federal Reserve and underpin the US Dollar, which is seen weighing on the yellow metal.