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Gold bounced to $926.7 per ounce in the last trading session on COMEX as investors returned to safe-haven asset after the weak April's U. S retail sales data. Gold rose by Rs. 200 on MCX and settled the day at Rs. 14897.

The world's largest gold-backed exchangetraded fund, the SPDR Gold Trust, said holdings rose to 1,105.62 tonnes as of May
13, up 1.53 tonnes from the previous business day.

The dollar rallied broadly on Wednesday as an unexpected decline in April's U. S. retail sales raised concerns about the state of the economy and rekindled demand for the greenback as a safe haven.