India, June 11 -- Gold prices rebounded on Thursday after falling to a six-month low earlier amid heightened U.S.-Iran tensions and Fed rate hike concerns.
Spot gold was up 0.6 percent at $4,095.45 an ounce after reaching a six-month low at $4,024 an ounce earlier. However, U.S. gold futures were down half a percent at $4,114.42.
The dollar wobbled as fresh U.S.-Iran military clashes cast doubt on the prospects for a peace deal and data showed consumer inflation soared to its highest level in three years in May, matching expectations.
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