Gold prices rose over 1 per cent on Wednesday, rebounding from a more than one-week low hit in the previous session, as a widening Middle East conflict sent global markets tumbling and supported safe-haven demand. Spot gold gained 1.4pc to $5,157.30 per ounce as of 04:53 GMT. US gold futures for April delivery added 0.8pc to $5,165.80. On Tuesday, bullion fell more than 4pc to its lowest since February 20, weighed by a firmer dollar and dimming rate-cut prospects as inflation concerns were inten...