Gold trading range for the day is 28786-29072.
Gold rose as renewed concerns over the escalation of hostilities in Ukraine prompted investors to add positions in bullion as a hedge.
Expectations the Fed will be cautious in raising interest rates in the future and an uncertain outlook for U.S. equities boosted gold buying.
SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, said its holdings rose 1.80 tonnes to 806.22 tonnes - the first inflow since March 24.
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INDIAN BENCHMARK open with positive start following robust global cues. The Index of Industrial Production (IIP) for the month of February 2014 stands at 172.8, which is 1.9% lower as compared to the level in the month of February 2013.
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