US gold futures settled 1.6 per cent higher to $2,345.4
Gold logged its best month since July 2020, at a 9 per cent increase, and a second straight quarterly rise
OPEC+ is due to hold an online ministerial meeting to discuss 2024 production targets
The drop in value for the Indian currency came against a sharp rise in US dollar value as the American greenback rose to the highest levels in six months