Gold price today, Nov. 5 -- The gold prices opened higher in the evening session on the Multi-Commodity Exchange (MCX) on Wednesday, November 5, amid a mild pullback in the US dollar and a firm trend in the global market.

According to the data on MCX, gold prices jumped to the day's peak of Rs.120,153 per 10 grams, a growth of 0.3% or Rs.287 over its last closing price of Rs.119,797 on Tuesday. Silver prices jumped as much as 0.45% or Rs.666 to Rs.146,150 per kg.

As of 5.40 pm, MCX gold prices traded 0.21% or Rs.254 higher at Rs.120,051. Meanwhile, silver was up 0.24% or Rs.356 at Rs.145,840.

MCX was closed in the morning trade today to mark the festival of Guru Purb.

An easing US dollar makes gold cheaper for other currency holders, ...