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Gold prices rise Rs 150, trading at Rs 58,620/ 10 gram

Gold prices rose 150 rupees at Multi Commodity Exchange for August contracts. The precious metal was trading at 58,620 rupees per 10 grams. Silver added 55 rupees to trade at 71,410 rupees per kilogram for September Contracts when reports last came in.
 
In the global markets, gold was trading at 1,931 dollars and 10 cents per ounce at the New York Mercantile Exchange. However, silver fell to trade at 23 dollars and 40 cents per ounce in the intra-day session.