Gold rises on safe-haven demand, equity rebound caps gains ::

Gold rose on Thursday as global growth worries and volatility in stock markets boosted demand for the safe-haven metal, but gains were capped by a sharp rebound in equities.

Spot gold XAU= was up 0.3 percent at $1,270.71 per ounce as of 0218 GMT, after hitting its highest since June 19 at $1,279.06 in the previous session.

U.S. gold futures GCv1 fell slightly to $1,272.7 per ounce.

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