On the Multi Commodity Exchange (MCX), 24-carat gold April futures rose by 0.21 per cent, touching Rs 86,875 per 10 grams. The surge in gold prices is mainly driven by global instability. Uncertainty surrounding US President Donald Trump’s tariff policies has led investors to turn to gold as a safe-haven asset. A drop in inflation in the US is supporting higher gold prices. Lower inflation increases the likelihood of interest rate cuts, which further strengthens the demand for gold. The spot price of 24- carat gold in India was Rs 86.670 per 10 gram, while 22-carAT gold stood at Rs 84,590 per 10gram. The prices for 20-carats, 18-carate, and 14-caratt gold were Rs 77,140, Rs 70,200, and Rs 55,900 per 10 Gram respectively. The price of 20-Carat gold was $2,945 per ounce on March 13, while the price of 22- carats was $3,000 per ounce.