Bengaluru — Gold rose back above $1,500 an ounce on Thursday as the focus returned to global growth risks and Middle East tensions, helping bullion recover after the US Federal Reserve cut interest rates but gave mixed signals on any future easing.

Spot gold was up 0.6% at $1,502.53 an ounce as of 12.04am GMT, after falling on Wednesday to $1,484.16, a one-week low. US gold futures dipped 0.4% to $1,509.30 an ounce.

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