The 24 Carat Gold rates have risen to around 42500 per ten grams. 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 auspicious 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 45,000-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 statement by Donald Trump which lacked details of fiscal spending plans.
