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Gold Rate Today, October 29: Prices of gold and silver rose on Wednesday, ahead of a widely expected interest rate cut from the US Federal Reserve, although easing US-China trade tensions kept bullion strength in check. In Mumbai, the price of 24-carat gold stood at Rs 1,21,580 per 10 grams, while 22k gold was available at Rs 1,11,450 per 10 grams. These rates do not include GST and making charges.

Silver was available at Rs 1,50,900 per kg.

On the MCX, gold was trading higher by 0.36% at Rs 1,20,073 per 10 grams for the December 5, 2025, contracts in the morning trade. Silver was also up by 0.63% to trade at Rs 1,45,248 per kg.

In the international market, US spot gold was up 0.2% at $3,957.42 per ounce, after dropping to its lowest point since October 7 on Tu

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