Gold price today, Nov. 12 -- The rates of gold and silver climbed in the domestic futures market on Wednesday morning (November 12), supported by the dollar's softness and growing expectations of a rate cut by the US Federal Reserve in December. MCX gold December futures traded 0.34 per cent higher at Rs.124333 per 10 grams around 9:05 am, while MCX silver December contracts were up 0.51 per cent at Rs.1,55,480 per kg at that time.

International gold prices gained for a fourth consecutive session amid expectations that the flow of economic data after the reopening of the US government will support views for a US Fed rate cut in December.

The dollar index hit an intraday low of 99.46, which is positive for gold as the yellow metal become...