COMEX gold rebounds in early Asian trades on Wednesday tracing sustained weakness in greenback under 97 mark amid soft US data. Upcoming US jobs and inflation reports are awaited for further clues on Fed policy moves going forward. Besides, geopolitical tensions between US and Iran also contribute to gains in the yellow metal that is currently quoting higher by around 1% on the day at $5070.80 an ounce. US President Donald Trump continues to threaten Iran with possible military attacks if Tehran does not accede to his demands on issues ranging from nuclear enrichment to ballistic missiles.