Gold trades at Rs 47,630; Silver trades above Rs 64,000

Gold prices today slipped marginally by five rupees at Multi Commodity Exchange for December contracts.  In intra-day trade, the precious metal was trading at 47,630 rupees per 10 gram. Silver also declined 150 rupees to 64,385 rupees per kilogram for December Contracts when reports last came in. In the New York Mercantile Exchange, gold was up to trade at 1,787 US dollars and 80 cents per ounce. Silver prices were down to trade at 23 dollars and 95 cents per ounce in intra-day trade.