Gold up by Rs 285 to Rs 58,810 rupees per 10 gram

Gold price on Tuesday rose 285 rupees for April contracts. The precious metal was trading at 58,810 rupees per 10 gram at Multi Commodity Exchange. Silver was also trading up by 375 rupees to 70,300 rupees per kilogram for May Contracts, when reports last came in. At the New York Mercantile Exchange, gold was trading up at 1,978 dollars and 40 cents per ounce. Similarly, Silver was trading up at 23 dollars and 25 cents per ounce in intra-day trade.