Gold prices today, Nov. 29 -- The gold rates closed higher in the domestic futures market on Friday, November 28, amid expectations of a Fed rate cut next month.

MCX Gold December futures last closed 1.13% higher at Rs.1,26,920 per 10 grams on Friday, November 28, at 11:58 pm, while the MCX Silver March contracts ended 0.21% higher at Rs.1,75,340 per kg.

The prices of 24-carat gold were Rs.1,27,580/10 gm at 6:55 am on November 29, and 22-carat gold at Rs.1,16,948/10 gms. Silver prices were at Rs.1,72,740/kg (Silver 999 Fine), as per India Bullions data.

Over the last twenty years, gold prices have soared by a solid 1,500%, gaining from Rs.7,638 in 2005 to more than Rs.1,25,000 in 2025 (as of September), recording positive returns in 16...