New Delhi, Nov. 2 -- Gold, silver prices today, 2 November: Gold prices in Bangalore and Chennai rose today on Monday, 2 November, as they jumped globally, bouncing from the previous selloff amid lower oil prices and tempering of inflation concerns, as per reports.

Bullion gained as much as 1.1% to near $3,915 an ounce, clawing back some losses after a 3.7% slump in the previous session that rounded off the worst October for the metal since 2008, Bloomberg reported.

Spot gold climbed 0.7% to $3,903.15 an ounce at 11:34 am and spot silver climbed 1.8% to $49.97, according to a Reuters report.

MCX gold futures were trading 0.40% higher at Rs.1,39,400 per 10 grams at around 9:13 am in the domestic futures market, while MCX silver futures ...