Gold and silver rate : Gold and silver prices rise again

The prices of gold and silver have started rising again. In two days, gold has become more expensive by ₹2070. With the demand for gold increasing, the upward trend in prices continues. After a decline in gold and silver prices, the rally has resumed. Since last week, gold prices have been consistently rising. On Friday, at the Multi Commodity Exchange, the February 2026 gold futures price rose by ₹1932 to reach ₹129,599. On October 17, gold prices had reached a peak of ₹132,294, which is ₹2700 higher than the current price.

According to commodity experts, one of the current reasons for the rise in gold and silver prices is the increased likelihood of a 25 basis point cut in interest rates by the US Federal Reserve. The weakening of the US dollar and the growing political uncertainty due to the Trump administration are prompting investors to invest in gold as a safe option. Investors concerned about the decline in global stock markets and bonds are increasing their investments in gold, thereby driving up the demand for gold.

The wedding season has now begun in India. As a result, there has been large-scale buying of gold and silver in the country, leading to increased demand. This could also keep gold prices on the rise. In the global market, the spot price of gold on November 29 is 4224 dollars per ounce. According to experts, gold could remain between 130,500 rupees. In the global market, the spot price of gold on November 29 is 4224 dollars per ounce. According to experts, gold could remain between 130,500 rupees.