Mubasher: Gold prices rose on Wednesday for the first time in three sessions.
Data showed that inflation in the United States remained flat in November, leading to a decline by the US dollar against major currencies.
Gold futures for February delivery rose by $2.80, or 0.2%, to settle at the level of $1,250 per ounce.
Silver futures for March delivery also increased by 1.5% to $14.851 an ounce.
Source:
Mubasher