Gold Rate Today 29 November: A rise in gold prices is being seen on Friday, the last trading day of the week. Domestic futures prices of gold were also seen trading with gains on Friday. In early trade on MCX exchange, gold for delivery on February 5, 2025 was seen trading at Rs 77,035 per 10 grams with a rise of 0.63 per cent or Rs 479. At the same time, gold for delivery on December 5, 2024 was seen trading at Rs 76,197 per 10 grams with an increase of 0.62 percent or Rs 473.
Rise in global gold prices
Apart from the domestic market, there has been a rise in the prices of gold in the global market also. On Comex, gold was seen trading at $ 2,682.60 an ounce with a gain of 0.67 percent or $ 17.80. At the same time, gold spot was seen trading at $ 2,659 an ounce with a gain of 0.83 percent or $ 21.90.
domestic spot price of gold
There was a decline in domestic spot prices of gold on Thursday. Gold prices fell by Rs 100 to close at Rs 78,700 per 10 grams due to weak demand from jewelers and coin manufacturers. On Thursday, the price of gold of 99.5 percent purity had fallen by Rs 400 to Rs 78,300 per 10 grams. Traders said sentiment here weakened in line with a strong trend overseas amid uncertainty over the impact of US President-elect Donald Trump's tariff plans on economic prospects and uncertainty over the Federal Reserve's (Fed) interest rate outlook.
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