Gold gained more than 1 percent to above $593 an ounce on Tuesday, tracking higher crude oil prices and a weaker dollar, but trading may be cautious ahead of the release of key U.S. data.

"There's a bit of a bounce here, but to do something really convincing, it's going to have to break levels like $595 and $600," said commodities analyst Tobin Gorey of Commonwealth Bank of Australia in Sydney.

REVERSE SEARCH ANY CELLULAR PHONE OR UNLISTED NUMBER

"I think the bounce back in oil is helping, but I don't think it's a renewed push on higher oil prices. It's helpful now but it might not be helpful another time," he said.

Spot gold hit a high of $593.75 an ounce and hovered at $592.75/593.50 an ounce by 0108 GMT, higher than $586.20/587.20 late in New York on Monday.

NYMEX crude rose 13 cents to $61.58 a barrel, having risen to above $62 on Monday on short covering but dealers were cautious maid conflicting weather forecasts for winter.

U.S. forecasters are at odds over how cold and snowy the coming winter will be, with predictions ranging from frigid to mild in the key Northeast and Midwest heating regions.

Abundant supplies in top consumer the United States and fears that slower U.S. economic growth would stunt fuel demand had also contributed to crude's fall to as low as $59.52 a barrel on Monday.