MUMBAI: Indian spot gold prices rose towards 15,000 rupees levels (per 10 gm) on Friday tracking firm demand, mostly for scrap gold, dealers said. "Demand looked good in the market...trade is mostly happening in scrap gold," said a dealer with a private sector bank. Traders, however, said gold demand almost over with end of wedding season this week and only scrap deals will keep prices up to some extent. "The prices near 15,000 rupees doesn't look logical it cant hold there for long," said a dealer with another private bank. Domestic gold futures were also trading higher tracking gains in international market, analysts said. International gold prices edged above $940 to a one-week high on Friday as firmer oil prices supported bullion's appeal as a potential hedge against oil-led inflation. The precious metal has gained about 1 per cent this week after touching a six-week low on Tuesday, a point traders said was a consolidation level.

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