New Delhi, Feb. 5 -- Gold and silver prices continue their bull run for third session straight on Thursday, February 5, as investors continued buying the metals after sharp fall from record highs.

Spot gold rose nearly 2% to $5,039 per ounce, meanwhile, spot silver surged as much as 6% to $89.34 per ounce, on Thursday, during the Asian trading hours.

At Wednesday's close, gold prices were about 11% below the all-time high reached on January 29, though the metal remained up 15% for the year. Silver prices also moved higher.

On the geopolitical front, Iran and the United States are scheduled to hold talks on Friday. Meanwhile, US President Donald Trump held extensive discussions with Chinese President Xi Jinping ahead of an anticipated v...