Gold prices today rose 70 rupees at Multi Commodity Exchange for February contracts. The precious metal was trading at 48,000 rupees per 10 gram.
 
Silver prices also gained 680 rupees to 63,700 rupees per kilogram for March Contracts when reports last came in.
       
In the New York Mercantile Exchange, gold was up to trade at 1,817 US dollars and 50 cents per ounce. Silver prices were also up to trade at 23 dollars and 80 cents per ounce in intra-day trade.