Today, gold was trading higher at the Multi Commodity Exchange for February contracts. The precious metal was up 235 rupees to trade at 62,421 rupees per ten gram. Silver futures for March contracts was down 70 rupees to trade at 72,310 rupees per kilogram when reports last came in.

In the global markets, gold was trading up at 2,052 dollars and 50 cents per ounce at COMEX. Silver was trading down at 23 dollars and 22 cents per ounce in the intra-day trade when reports last came in.