Gold prices today, Oct. 30 -- The prices of the yellow metal fell on India's MCX on Wednesday, October 30, after the US Federal Reserve cut key interest rates.

On Wednesday, October 30, MCX Gold December futures rose 0.55% to Rs.1,20,000 per 10 grams at 11:37 am, and the MCX Silver December contracts fell 0.48% to Rs.1,45,375 per kg.

The rates of 24-carat gold were at Rs.1,20,280/10 gm at 11:42 am on October 30, and 22-carat gold was priced at Rs.1,10,257/10 gms, according to Indian Bullion Association (IBA) data. Silver prices stood at Rs.1,45,720/kg (Silver 999 Fine).

Gold has been on a losing streak over the last few days. The prices of the yellow metal surged significantly in the last 20 years by an impressive 1,200% from Rs.7,638 ...