Bullion: Gold and silver maintained an upward-march

for the third straight week at the bullion market on sustained stockist and investors offtake and buying by jewellers to meet wedding seasonal demand well supported by firm global trend.

Traders said persistent buying by jewellers and retailers to meet ongoing wedding season demand kept gold prices higher.

Elsewhere, silver too surpassed 43,000-mark per kg level on sustained speculative buying by industrial units.

The yellow-metal gained 2.45 per cent or Rs 710, while, white-metal silver too gained 5.67 per cent or Rs 2,365 in three-weeks.

In worldwide trade, gold tallied a third consecutive weekly gain as political uncertainty continued to boost investment demand for the metal.

Global equity markets lost momentum after setting record highs in the previous two sessions, partly due to disquiet about the policies of US President Donald Trump.

The yellow-metal, on track for a third week of gains, has risen nearly 8 per cent in 2017. Early in the week, gold prices fell after Fed Chair Janet Yellen said US interest rates may need to be raised in March.

For the week, gold prices finished roughly 0.3 per cent higher, while silver ended about 0.5 per cent higher for the week. That marked the metal s third straight weekly gain.

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(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)