MUMBAI: Gold has rallied nearly 15 per cent in the last two trading sessions, demonstrating its status of a safe haven commodity.

Benchmark December gold on COMEX--a division of New York Mercantile Exchange--traded closer to $890 an ounce Thursday after posting its biggest one-day rise in nearly 26 years on Wednesday. October futures on MCX is trading past Rs 13,000 per 10 gm.