Gold gets a tad cheaper on February 12, 2026 after strong US jobs data boosts dollar
Image of woman buying gold used for representative purpose PTI
CHENNAI: Gold, which rose by Rs 1,520 on February 11 evening, has now dipped by Rs 1,520 on Thursday (February 12). The price drop comes as the US dollar strengthened following stronger-than-expected January jobs data, which reduced expectations of early interest rate cuts. Investors are now awaiting US inflation data due on Friday for further signals on policy.
The shiny metal is now priced at Rs 1,16,800 per sovereign (8 grams) and Rs 14,600 per gram, down by Rs 190.
On February 11 evening, 22-carat gold was priced at Rs 1,18,320 per sovereign and Rs 14,790 per gram.
