Gold prices have seen an upward momentum in the past year.
A year back, gold for 22k was at Rs 50,474 per 10 grams.
Today, the precious metal for 22k trades at Rs 55,320 per 10 grams.
There has been a constant buying in the precious metal on declines.
Overall, gold finds buying support at lower levels.
Investors see a further upside in the metal to the Rs 58,000 per 10 grams levels.
Safe haven buying is one of the reasons the metal continues to see support.
As the dollar weakens it is possible that gold prices would continue to rally.