Overview
- Pakistan’s APGJSA reported gold up Rs7,000 per tola to Rs526,962 on Feb 14, reversing most of the prior session’s Rs8,600 drop, while local silver slipped to Rs8,219 per tola.
- International gold rose about $70 to roughly $5,042 per ounce after the softer US January CPI reading weakened the dollar and improved sentiment.
- Indian benchmarks snapped back on Feb 15, with MCX gold futures trading near ₹1.57 lakh per 10g and 24K retail rates around ₹15,790 per gram after a sharp Feb 14 slide.
- Silver underperformed, with MCX prices retesting ₹2.75 lakh per kg on Feb 15 after a 5% tumble to near ₹2.80 lakh on Feb 14, and futures hovering near multi-week lows.
- Traders and analysts cited profit-booking, rupee–dollar moves and shifting Federal Reserve expectations as drivers of the volatility, with participants watching upcoming US data for direction.