Gold prices today, Oct. 29 -- The prices of the yellow metal rose on the MCX on Wednesday, October 29, ahead of the outcome of the US Federal Reserve meeting later in the day.

On Wednesday, October 29, MCX Gold December futures rose 0.02% to Rs.1,19,675 per 10 grams at 10:20 am, and the MCX Silver December contracts surged 0.39% to Rs.1,44,900 per kg.

According to Indian Bullion Association (IBA) data, the rates of 24-carat gold were priced at Rs.1,19,920/10 gm at 10:23 am on October 29, and 22-carat gold was priced at Rs.1,09,927/10 gms. Silver prices were at Rs.1,45,330/kg (Silver 999 Fine).

Gold gained marginally after recording a losing streak over the last few days. The prices of the yellow metal surged significantly in the last 2...