India, Nov. 4 -- Rebounding from the losses of yesterday's session, gold prices have surged on Wednesday as rate-hike worries associated with oil-linked inflation declined after crude oil prices plunged and the U.S. dollar slid following the U.S. midterm election results.

Front Month Comex Gold for December delivery has jumped by $115.70 (or 2.94%) to $4,056.10 per troy ounce.

Front Month Comex Silver for December delivery has soared by $2.577 (or 5.18%) to $52.330 per troy ounce.

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