Gold Prices Rise on Wednesday

Gold prices rose to a three-week high on Wednesday as risk-averse investors dumped equities amid a weaker dollar and sought safe havens.
Spot gold had risen 0.3% to $1,247.56 per ounce, after touching a three-week peak of $1,248.47. US gold futures were firm at $1,246.30. 
The dollar index, which measures the greenback against a basket of currencies, was at 99.761, near the six-week low of 99.642 reached on Tuesday.

Source: QNA