New Delhi, Nov. 20 -- Gold prices in your city today: The yellow metal rates dropped in the domestic futures market on Thursday, November 20, amid a rise in the dollar and dampening hopes of a Fed rate cut next month.

MCX Gold December futures fell 0.13% Rs.1,22,886 per 10 grams on November 20 at 11:28 am, whereas the MCX Silver December contracts surged 0.58% to Rs.1,56,000 per kg.

The prices of 24-carat gold were Rs.1,23,480/10 gm at 11:28 am on November 20, and 22-carat gold at Rs.1,13,190/10 gms. Silver prices were at Rs.1,56,650/kg (Silver 999 Fine), according to India Bullions data.

It must be noted that gold prices surged by 1,200%, rising from Rs.7,638 in 2005 to over Rs.1,25,000 in 2025 (as of September), recording positive re...