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Gold Steadies After Sharp Drop Sparked by Wider Market Jitters
Gold steadied after a sharp decline sparked by a wider selloff across financial markets that may have been amplified by algorithmic trading. Bullion was near $4,920 an ounce in early trading, after plunging 3.2% in the previous session — the biggest one-day drop in a week. The sudden decline accompanied jitters on Wall Street, where prices buckled across asset classes on concern over the impact of AI on companies’ earnings. Investors are now looking to US inflation figures due later Friday that may shape expectations for the Federal Reserve’s next move. Robust January jobs data published this week reduced ... (full story)
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From cnbc.com|Feb 12, 2026|13 commentsInvestors got some good news this week on the state of the labor market, and more may be on the way Friday on inflation. The consumer price index, a broad measure of goods and ...
From msn.com|Feb 12, 2026Gold and silver futures plummeted Thursday as strong U.S. labor data dimmed hopes of near-term Federal Reserve rate cuts, with algorithmic traders apparently exacerbating the ...
From investinglive.com|Feb 12, 2026China’s property downturn showed little sign of stabilising in January, with new home prices falling 3.1% year-on-year, deepening from the prior 2.7% decline. On a monthly basis, ...
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From kitco.com|Feb 12, 2026Precious metals experienced sharp declines Thursday morning as a broad-based selloff swept across multiple asset classes, with analysts attributing the move to forced liquidation ...
From zerohedge.com|Feb 12, 2026Silver's explosive January rally, which briefly pushed futures prices above $120 per ounce, has since fizzled, with futures trading around $82 as of Thursday morning. Even so, the ...
From zerohedge.com|Feb 13, 2026The People’s Bank of China’s gold holdings totaled 74.19 million fine troy ounces by the end of January, up from 74.15 million in the previous month, according to recent central ...
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- Feb 12, 2026 9:42pm Posted byFundamental Analysis256
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