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Gold plunges despite falling US yields and solid US jobs data
Gold price declines close to 2.7% on Thursday amid the lack of a clear catalyst, as US jobs data during the last couple of days was solid, despite of the number of Americans filing for unemployment benefits rose more than expected. At the time of writing, XAU/USD trades at $4,945 after reaching a daily high of $5,100. Precious metals are collapsing during the day amid a lack of a clear catalyst, but there are factors emerging that can be driving price action. US equities are dropping amid potential further AI disruption, as a press release from Algorhythm Holdings (RIME) announced its SemiCab platform, now in live ... (full story)
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From fxempire.com|Feb 12, 2026Gold is losing ground as traders stay focused on U.S. job market data and wait for tomorrow’s inflation report. Treasury yields are losing ground as traders search for safe-haven ...
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- Feb 12, 2026 1:59pm Posted byFundamental Analysis310
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