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Gold slips below $5,000 as US Dollar rebounds in thin trade
Gold price dives nearly 1% on a thin liquidity trading session on Monday as US markets are closed in observance of Presidents' Day, while China’s new year celebration will keep the markets closed for over a week. At the time of writing, XAU/USD trades at $4,992 after reaching a daily high of $5,054. Market sentiment remains positive, fueled by growing speculation that the Federal Reserve (Fed) will reduce interest rates at least twice this year. Factors like last week’s solid Nonfarm Payrolls report in the US and benign inflation data prompted investors to price in 60 basis points of easing towards the year’s ... (full story)
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From finance.yahoo.com | Feb 16, 2026
Gold was little changed in early trade, with much of Asia closed for the Lunar New Year and after a US holiday on Monday. Bullion was near $5,000 an ounce, after falling 1% in the previous session. The metal had rallied briefly on Friday when modest US inflation data boosted the case for the Federal Reserve to trim interest rates. Lower borrowing costs are ...
From bnnbloomberg.ca | Feb 16, 2026
Gold prices fell in low market liquidity on Monday as key markets in the U.S. and Asia were shut for holidays, while a firm dollar put pressure on bullion. Spot gold fell 0.9 per cent to US$4,997.77 per ounce by 1318 GMT, after losing more than one per cent earlier in the session. U.S. gold futures GCcv1 for April delivery lost 0.6 per cent to $5,018.70 per ...
From brecorder.com | Feb 17, 2026
Copper softened in thin Asia trade on Tuesday as a firmer dollar, coupled with increasing inventories and weak demand, pressured prices. Benchmark copper on the LME dropped 0.5% to $12,782.50 a metric ton at 0328 GMT. China’s Lunar New Year holiday this week means low volumes and possibly volatile moves due to settlement or rollover of maturing contracts on ...
