New Delhi, Nov. 22 -- The yellow metal rates closed flat on India's MCX on Friday amid mixed global cues for the upcoming US Fed's December policy outcome.

MCX Gold December futures last closed flat at Rs.1,24,195 per 10 grams on Friday, November 21, at 11:58 pm, while the MCX Silver December contracts dropped 0.06% to Rs.1,54,052 per kg.

According to India Bullions data, the prices of 24-carat gold were Rs.1,24,770/10 gm at 2:15 pm on November 22, and 22-carat gold at Rs.1,14,373/10 gms. Silver prices were at Rs.1,54,770/kg (Silver 999 Fine).

In the last twenty years, gold prices have soared by 1,200%, rising from Rs.7,638 in 2005 to over Rs.1,25,000 in 2025 (as of September), recording positive returns in 16 of those years. Gold pric...