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April Gold futures fell to multi-week lows on holiday volume
April Gold futures declined significantly, marking the lowest intraday level since early February. The sell-off coincided with the Chinese Lunar New Year, a period historically associated with reduced physical demand and lower liquidity from Asian markets following pre-holiday buying. Additionally, a stabilizing U.S. Dollar exerted pressure on the precious metal, as currency strength raised the opportunity cost for foreign buyers. The combination of seasonal holiday lulls and macroeconomic currency headwinds contributed to the bearish session in the metals complex.
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From fxdailyreport.com | Feb 17, 2026
Gold and silver futures tanked as US investors returned from the Presidents’ Day holiday long weekend. Precious metals have struggled to maintain momentum after a slight recovery from last month’s sharp selloff. April gold futures plummeted $108.40, or 2.15%, to $4,936.90 per ounce at 12:34 GMT on Tuesday on the COMEX division of the New York Mercantile ...
From finance.yahoo.com | Feb 17, 2026
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