New Delhi, March 20 -- Gold price today: Gold rates jumped to fresh record highs in morning trade Thursday morning after the US Federal Reserve kept interest rates unchanged on Wednesday, March 19, but signalled the central bank could reduce rates two times in the current year. Around 9:05 AM, MCX Gold for April 4 contracts traded at a record high of Rs.89,015 per 10 grams, with a gain of 0.47 per cent.

International gold prices surged to a record high after the Federal Reserve signalled the possibility of two interest rate cuts this year, enhancing bullion's appeal amid mounting economic and geopolitical uncertainties.

COMEX Gold touched an all-time high of $3,065.20, jumping 15 per cent year-to-date.

Domestic spot gold prices have su...