Gold prices rose in India on Wednesday, according to data compiled by FXStreet. FXStreet calculates Gold prices in India by adapting international prices (USD/INR) to the local currency and measurement units. Central banks from emerging economies such as China, India and Turkey are quickly increasing their Gold reserves. Geopolitical instability or fears of a deep recession can quickly make Gold price escalate due to its safe-haven status. A strong Dollar tends to keep the price of Gold controlled, whereas a weaker Dollar is likely to push Gold prices up.