Gold prices today, Nov. 28 -- The yellow metal prices gained during the early trading hours on 28 November, driven by growing expectations of a US Federal Reserve rate cut at the upcoming December meeting.

On Friday, 28 November, MCX Gold December futures rose by 0.54% to Rs.1,26,180 per 10 grams at around 9:55 am, while MCX Silver December contracts gained 0.89% to Rs.1,63,909 per kg during the same time.

According to India Bullions data, the prices of 24-carat gold were Rs.1,26,820/10 gm at 9:58 am on 28 November, and 22-carat gold at Rs.1,16,252/10 gms. Silver prices were at Rs.1,64,750/kg (Silver 999 Fine).

In the last 20 years, gold prices have soared by 1,200%, from Rs.7,638 in 2005 to over Rs.1,25,000 in 2025 (as of September), ...