In the Indian Bullion Market, 24 Karat Gold was trading over 1.9 percent up at 97,330 rupees per 10 grams, while Silver 999 Fine was trading over 1.4 percent up at 96,820 rupees per kilogram a short while ago.

At the Multi Commodity Exchange, gold for the June contract was trading over 2 percent up at 97,209 rupees per 10 grams, while silver for the May contract was also trading over 1.3 percent up at 96,315 rupees per kilogram when the reports last came in.