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Gold, silver slide on US.-Iran progress; BofA fund manager survey sees $6,200 peak for gold
Gold futures extended losses Tuesday, with gold tumbling back below $4,900/oz and silver sliding under $74/oz, pressured by easing geopolitical tensions in the Middle East and a stronger dollar, which would make dollar-denominated commodities more expensive for overseas buyers. Iran's foreign minister said his country and the U.S. reached an understanding on "guiding principles" in talks aimed at resolving their longstanding nuclear dispute, which helped ease fears of conflict in the region, but it does not mean a deal is imminent. The indirect talks between Iran's Abbas Araqchi and U.S. Special Envoy Steve Witkoff ... (full story)
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The gold market continues to struggle below $5,000 an ounce, and better-than-expected manufacturing data from the New York Federal Reserve could put additional downside pressure on the precious metal. The regional central bank reported Monday that its Empire State Manufacturing Survey fell to 7.1 in February, compared to January’s reading of 7.7. The data ...
From investinglive.com | Feb 18, 2026
Yesterday oil and gold prices sank after Iran's foreign minister had an upbeat take following meetings with US officials but today a leak is sending the opposite signal. • WTI crude oil is up $2.18 to $64.51 • Gold is up $121 to $4998 The gains -- and a US dollar rally -- have been driven in part by persistent reports of a buildup of military hardware in ...
From thegoldforecast.com | Feb 17, 2026
Gold's record-breaking rally has stalled — and the culprit is not a geopolitical ceasefire or a collapse in investor anxiety. It is something more prosaic, and in many ways more durable: a stronger dollar and a Federal Reserve that the market has decided is in no particular hurry. Bullion fell more than 2% to around $4,870 per ounce on Tuesday, extending a ...
