Gold prices today rose 50 rupees at Multi Commodity Exchange for February contracts. The precious metal was trading at 48,620 rupees per 10 gram in intra-day trade.

Silver prices fell 160 rupees to 63,800 rupees per kilogram for March Contracts when reports last came in.

In the New York Mercantile Exchange, gold was down to trade at 1,740 US dollars and 50 cents per ounce. Silver prices were also down to trade at 23 dollars and 70 cents per ounce in intra-day trade.