New Delhi, July 14 -- Gold and silver prices in India opened higher on the Multi Commodity Exchange (MCX) on Tuesday, following gains in global bullion prices, as investors opted for buying at lower levels.

MCX gold rate for August futures contracts opened higher at Rs.1,40,949 per 10 grams as against its previous close of Rs.1,40,309 level. MCX silver rate for September futures contract opened higher at Rs.2,18,333 per kg as compared to its previous close of 2,17,718 level.

In the international markets, gold prices rose after hitting a two-week low earlier in the session, as markets awaited key US inflation data.

Spot gold price rose 0.3% to $4,013.93 per ounce, recovering from its lowest level since July 1. US gold futures for August...