Gold prices today surged 570 rupees at Multi Commodity Exchange for August contracts in sync with robust gains in the international markets. Gold was trading at 48,150 rupees per 10 gram.

On the other hand, silver prices also rose around 1525 rupees to trade at 67,915 rupees per kilogram for September Contracts when reports last came in.

In the New York Mercantile Exchange, gold was up at 1,827 US dollars and 30 cents per ounce. Silver prices were also up at 25 dollars and 60 cents per ounce in intra-day trade.