Gold rebounds from four-week low

Gold prices rose on Tuesday recovering from a four-week low, as a rising dollar stopped pressures on the precious metal as a safe-haven fuelled by economic slowdown fears amid prospects of aggressive monetary policy tightening.

Spot gold was up 0.3% at $1,824.21 per ounce after falling to its lowest since May 19 at $1,810.90 earlier in the session.

Meanwhile, U.S. gold futures fell 0.2% to $1,827.80, according to Reuters.

The dollar steadied near a two-decade high on Monday, and drawing most investors away from greenback-priced gold.