Gold prices were subdued in early Asian trading on Friday, as markets geared up for U.S. Federal Reserve Chair Kevin Warsh's keenly anticipated remarks at the Jackson Hole symposium.FUNDAMENTALS * Spot gold was down 0.2% at $4,589.85 per ounce, as of 0041 GMT. U.S. gold futures fell 0.5% to $4,642.60.* Fed officials shared on Thursday their ongoing concerns ‌about the ⁠U.S. inflation ⁠landscape, as central bankers gathered in Jackson Hole, Wyoming, for the Kansas City Fed's closely ​watched annual economic symposium. The officials spoke a day after a report showed that ​the Personal Consumption Expenditures Price Index, the central bank's main inflation gauge, stood at 3.7% in the 12 months through July.* Fed Chairman Kevin Warsh ​is slated to speak later in the day ⁠at the ‌event.* Data showed that the number of Americans seeking unemployment ​benefits for ​the first time fell for a second week while ⁠the overall number of people on jobless relief rolls slid ​to the lowest level in a month, signaling a ​stable labor market that should give the Fed leeway to focus on containing inflation.* Traders see a 35.4% chance of a U.S. rate hike in September and a 74.6% chance by December, according to the CME FedWatch Tool.* Despite its role as an inflation hedge, gold tends to lose ‌appeal in a high interest-rate environment as it offers no yield.* Qatar's prime minister visited Tehran on Thursday in an ​effort to revive ​stalled diplomacy six ⁠months into the war, as U.S. President Donald Trump said Washington was not currently talking to Iran.* Among other metals, spot silver lost 0.2% to $69.12 per ​ounce and palladium fell 0.1% to $1,349.34. Platinum was down 0.2% to $1,842.26 and was on track for a weekly loss.