Yellow metal have shown steady rise since last four months as its prices have scaled higher nearly 16 percent in MCX from nearly 50000 in Oct 2022 to above 58000 in January 2023 and from $1615 to $1960 in COMEX that is rise of more than 20 per cent . During that period the dollar index have fallen nearly 13 per cent from 114 to below 101. But since the beginning of February dollar index has bounced back sharply thereby pressurizing the yellow metal.