The price of gold continued its upward trend from Wednesday evening into Thursday morning trading. Gold futures contracts for April 2024 on the MCX opened at a higher rate of ₹66,100 per 10 grams and peaked at an intraday high of ₹66,778 per 10 grams. Bloomberg reports that gold prices surged following the US Federal Reserve’s decision to uphold its projection for three interest rate cuts this year.
