24K & 22K Gold Price Today: Gold prices took a beating on Thursday, opening lower following a dip in global bullion prices while the American dollar remained robust. This firmness in the dollar could be attributed to January jobs data which fared better than expectations and lowered any hopes of a rate cut by the US Federal Reserve in the near term.
Further, market analysts pointed out that precious metals like silver and gold continue to remain backed by safe-haven demand as investors hedge against currency erosion and rising debt burdens.
Investors remain on the lookout for inflation data from the US, scheduled to be released on Friday. This is expected to give more monetary policy cues to the market for the upcoming year.
Meanwhile, the US dollar index remained on the climb, indicating the underlying economic health of the American economy. Stronger the dollar, more expensive are the currency-priced metals for other currency holders.
Traders noted that Gold Rates in India slipped, with Gold prices in Delhi and other key metros reflecting the latest decline.
Gold Rates Across Major Cities In India On Feb 12
Gold Prices in Delhi Today (Per 1 Gram)
24 Karat – 15,855
22 Karat- 14,535
18 Karat- 11,895
Gold Prices in Chennai Today (Per 1 Gram)
24 Karat – 15,928
22 Karat- 14,600
18 Karat- 12,600
Gold Prices in Bengaluru Today (Per 1 Gram)
24 Karat – 15,840
22 Karat- 14,520
18 Karat- 11,880
Gold Prices in Mumbai Today (Per 1 Gram)
24 Karat – 15,840
22 Karat- 14,530
18 Karat- 11,889
Gold Prices in Pune Today (Per 1 Gram)
24 Karat – 15,840
22 Karat- 14,530
18 Karat- 11,889
Gold Prices in Kolkata Today (Per 1 Gram)
24 Karat – 15,840
22 Karat- 14,530
18 Karat- 11,889
Gold Price Today in Major Indian Cities
| City | 24k Gold Per Gram | 22k Gold Per Gram | 18k Gold Per Gram |
| Gold Rate in Hyderabad | 15,840 | 14,520 | 11,880 |
| Gold Rate in Ahmedabad | 15,845 | 14,525 | 11,885 |
| Gold Rate in Indore | 15,845 | 14,525 | 11,885 |
| Gold Rate in Lucknow | 15,855 | 14,535 | 11,895 |
| Gold Rate in Coimbatore | 15,928 | 14,600 | 12,600 |
| Gold Rate in Bhubaneswar | 15,840 | 14,520 | 11,880 |
| Gold Rate in Mysore | 15,840 | 14,520 | 11,880 |
| Gold Rate in Kanpur | 15,855 | 14,535 | 11,895 |
| Gold Rate in Salem | 15,928 | 14,600 | 12,600 |
| Gold Rate in Visakhapatnam | 15,840 | 14,520 | 11,880 |
| Gold Rate in Vijayawada | 15,840 | 14,520 | 11,880 |
| Gold Rate in Patna | 15,845 | 14,525 | 11,885 |
To check Silver price in India today, click here.
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Disclaimer : This story is auto aggregated by a computer programme and has not been created or edited by DOWNTHENEWS. Publisher: abplive.com
