Gold Metal
Gold prices rose by 0.44 percent on Wednesday at the domestic markets as a weaker dollar raised the appeal of the bullion as an alternative asset. Weaker dollar makes the precious metal cheaper for those holding other currencies, thus increasing demand. Gold futures for February 2015 contract, at MCX, were trading at Rs. 28,208 per 10 grams, up by 0.44 per cent after opening at Rs. 28,049 against the previous closing price of Rs. 28,085. It touched the intra-day high of Rs. 28,249 till the trading.
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