New Delhi, Feb. 14 -- After the release of the January US CPI data on Friday, which showed a 0.30% rise in US inflation against the December US CPI data, the US Dollar Index came under pressure amid profit-booking. The US Dollar Index finished marginally lower at 96.82, erasing all the intraday gains.

This weakness in the US Dollar enabled gold and silver prices to extend their intraday gains, as the market was expecting US CPI data for January 2026 to come in at 2.50%. However, the actual US inflation for January 2026 was 2.40%. However, this was not enough to contain the profit-booking trigger in the US Dollar positions. This put the rest to the US Fed rate cut buzz ahead of the upcoming US Fed meeting scheduled for March 17-18, 2026....