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.

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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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