Gold Price Today (February 14): Yellow metal gains in run-up to US inflation reading - Check rate in Delhi, Mumbai and other cities on Valentine's Day
Gold Price Today February 14 (Valentine's Day): On Multi Commodity Exchange of India Limited (MCX), Gold April Futures were up by 0.35 per cent to Rs 56,696 per 10 grams in the evening trade of February 14.
Gold Price Today February 14 (Valentine's Day): Gold prices rose on Tuesday, February 14, as the dollar retreated, with investors bracing for US inflation data that could determine the Federal Reserve’s next monetary policy moves.
According to Reuters, spot gold was up 0.5% at $1,861.93 per ounce, as of 0645 GMT, after falling to its lowest since early-January in the previous session. While spot silver was little changed at $21.97 per ounce. US gold futures rose 0.4 per cent to $1,870.60.
“If the disinflation trend in the U.S. shows signs of slowing (even if it’s temporary), then caution over a hawkish Fed could undermine risk sentiment and gold, while USD may find further support,” Reuters said, citing OCBC FX strategist Christopher Wong.
Also Read: India's import of Russian crude oil at record high in January
Gold Silver Price On MCX
On Multi Commodity Exchange of India Limited (MCX), Gold April Futures were up by 0.35 per cent to Rs 56,696 per 10 grams in the evening trade of February 14. In contrast, Silver March futures on MCX were down by 0.07 per cent to Rs 65,899 per kg.
Gold Price City-wise In India as of February 14, 2022, for 24k:
Chennai- Rs 58,140
Mumbai- Rs 57,160
Delhi- Rs 57,310
Kolkata- Rs 57,240
Bangalore- Rs 57,210
Hyderabad- Rs 57,240
Kerala- Rs 57,240
Pune- Rs 57,160
Vadodara- Rs 57,210
Ahmedabad- Rs 57,210
Lucknow- Rs 57,310
Vijayawada- Rs 57,160
Patna- Rs 57,210
Nagpur- Rs 57,160
Chandigarh- Rs 57,310
Surat- Rs 57,210
Bhubaneswar- Rs 57,240
Visakhapatnam- Rs 57,160
Nashik- Rs 57,190
(With Reuters inputs)
(Disclaimer: These are indicative prices collected from trusted sources. Investors are advised to check prices with their jeweller before investing/purchasing.)
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