Gold prices again zoomed past Rs 27,000-level by surging Rs 385 to close at over two-week high of Rs 27,185 at the bullion market Wednesday, tracking a firm trend overseas and increased buying by jewellers, driven by ongoing festive and wedding season demand.
In the national capital, gold of 99.9 and 99.5 percent purity zoomed by Rs 660 each, its biggest rise this year, to trade at Rs 26,810 and Rs 26,660 per ten grams respectively. It had gained Rs 600 previously on August 12.
Continuing its rising streak for the third straight day, gold on Friday reclaimed Rs 27,000-mark by zooming Rs 400 to hit 1-month high of Rs 27,250 per 10 grams at the bullion market, tracking a firming trend overseas amid pick-up in jewellers' buying to meet rising wedding demand.
Gold surged by Rs 310 to trade at over two-week high of Rs 26,850 per ten grams at the bullion market Thursday, tracking a firming trend overseas amidst increased buying by jewellers and retailers, driven by ongoing wedding season demand.