Gold has risen one per cent, rebounding from near six-year lows as indications from the US Federal Reserve that it may move cautiously into the rate hiking cycle weighed on the US dollar and prompted investors to cover short positions.

Gold has risen one per cent, rebounding from near six-year lows as indications from the US Federal Reserve that it may move cautiously into the rate hiking cycle weighed on the US dollar and prompted investors to cover short positions.