Mumbai: Gold prices continued its bull-run for the third straight week at the bullion market following sustained offtake from investors and good buying stockist jewellers mainly firm overseas cues.
The ongoing wedding season also supported the yellow metal. On a weekly basis, yellow-metal gained 3.52 per cent or Rs 990, in two-weeks. Globally, gold gained near 2 per cent for the week.
Elsewhere, silver too maintained its third weekly gain and reclaimed the key Rs 41,000-mark due to speculative buying coupled with higher industrial demand.
In worldwide trade, gold gained for four-session taking the metal to their highest level in seven weeks on soft US dollar trends only found retreating on profit-booking during the final session reacting to midweek press conference by Donald Trump which lacked details of fiscal spending plans.
Yellow-metal which settled Thursday at its highest since Nov 22, still rose roughly 1.9 per cent for the week, while silver ended about 1.5 per cent higher for the week.
