(Bloomberg) -- Gold extended a rebound from the lowest level in six weeks after minutes from the Federal Reserve’s January meeting signaled many officials were inclined to keep interest rates near record lows for longer.

Bullion for immediate delivery added as much as 0.4% to $1,217.78 an ounce and was at $1,216.04 by 2:33 p.m. in Singapore, according to Bloomberg generic pricing. Prices fell to $1,197.72 on Wednesday, the lowest since Jan. 5, before closing 0.2% higher.

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