Gold stabilized around $4,330 an ounce on Wednesday after a recent selloff drove bullion to its lowest level in more than three weeks. Investors reassessed the Federal Reserve's interest-rate outlook after the oil rally paused and weaker-than-expected U.S. labor data pointed to a cooling jobs market. U.S. private businesses added 38,000 jobs in August, below the 47,000 increase economists had expected and the weakest gain since January. Markets now price a 62% chance of a September Federal Reserve hike, down from 68% before the ADP report but above roughly 40% a week earlier, according to the CME FedWatch Tool (market-based interest-rate probability tracker). The dollar remained near a two-week high as safe-haven demand (buying perceived defensive assets) persisted amid concern about the economic impact of the energy shock and diverging monetary-policy paths. Geopolitical tensions also intensified after the United States said it launched overnight airstrikes against targets in Iran, prompting retaliation from Tehran in the most serious escalation between the countries in weeks.