Gold rate today, Dec. 1 -- MCX gold prices rose nearly 1% in early trade on Monday, December 1, driven by growing expectations of interest rate cuts by the US Federal Reserve and the Reserve Bank of India (RBI) this month, while robust spot demand continues to provide key support. MCX gold February contracts were 0.71% up at Rs.1,30,425 per 10 grams around 9:10 am, while the MCX silver March futures were 1.9% up at Rs.1,78,289 at that time.

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