Gold fell to around $5,020 per ounce on Monday as some investors took profits after prices rose 2.5% in the previous session driven by weaker-than-expected US CPI data. The soft inflation print reinforced expectations for more Federal Reserve rate cuts, with markets now pricing in slightly more than two reductions this year. Investors are awaiting the release of FOMC meeting minutes, the US GDP advance estimate, and PCE inflation data for further clues on the timing of the next rate cut. On the geopolitical front, traders are monitoring nuclear talks between the US and Iran and US-led negotiations aimed at ending the war in Ukraine, both scheduled to resume on Tuesday. Developments in these areas could influence risk sentiment and safe-haven demand. Despite recent volatility, the precious metal remained supported by geopolitical uncertainty, strong central bank buying, and investor flight from sovereign bonds and currencies.

Gold fell to 4,990.63 USD/t.oz on February 16, 2026, down 1.06% from the previous day. Over the past month, Gold's price has risen 6.69%, and is up 72.14% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Gold reached an all time high of 5608.35 in January of 2026. Gold - data, forecasts, historical chart - was last updated on February 16 of 2026.

Gold fell to 4,990.63 USD/t.oz on February 16, 2026, down 1.06% from the previous day. Over the past month, Gold's price has risen 6.69%, and is up 72.14% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Gold is expected to trade at 5094.36 USD/t oz. by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 5459.54 in 12 months time.



Price Day Month Year Date
Gold 4,990.63 -53.29 -1.06% 6.69% 72.14% Feb/16
Silver 76.56 -1.409 -1.81% -19.14% 136.43% Feb/16
Copper 5.76 -0.0432 -0.74% -2.33% 25.43% Feb/16
Steel 3,056.00 16.00 0.53% -2.80% -4.68% Feb/13
Lithium 143,750.00 1250 0.88% -11.81% 88.52% Feb/13
Platinum 2,050.30 -26.80 -1.29% -13.69% 106.08% Feb/16
Iron Ore 99.66 -0.71 -0.71% -7.45% -6.71% Feb/13



Related Last Previous Unit Reference
Russia Gold Reserves 2326.52 2329.63 Tonnes Dec 2025
Italy Gold Reserves 2451.87 2451.84 Tonnes Dec 2025
India Gold Reserves 880.18 880.18 Tonnes Dec 2025
China Gold Reserves 2306.30 2303.50 Tonnes Dec 2025
United States Gold Reserves 8133.46 8133.46 Tonnes Sep 2025
Germany Gold Reserves 3350.25 3350.25 Tonnes Sep 2025
France Gold Reserves 2437.00 2437.00 Tonnes Sep 2025
United States Inflation Rate 2.40 2.70 percent Jan 2026
United States Fed Funds Interest Rate 3.75 3.75 percent Jan 2026

Gold
Gold is mostly traded on the OTC London market, the US futures market (COMEX) and the Shanghai Gold Exchange (SGE). The standard future contract is 100 troy ounces. Gold is an attractive investment during periods of political and economic uncertainty. Half of the gold consumption in the world is in jewelry, 40% in investments, and 10% in industry. The biggest producers of gold are China, Australia, United States, South Africa, Russia, Peru and Indonesia. The biggest consumers of gold jewelry are India, China, United States, Turkey, Saudi Arabia, Russia and UAE. The gold prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our gold prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so.
Actual Previous Highest Lowest Dates Unit Frequency
4990.63 5043.92 5608.35 34.83 1968 - 2026 USD/t oz. Daily

News Stream
Gold Moves Lower
Gold fell to around $5,020 per ounce on Monday as some investors took profits after prices rose 2.5% in the previous session driven by weaker-than-expected US CPI data. The soft inflation print reinforced expectations for more Federal Reserve rate cuts, with markets now pricing in slightly more than two reductions this year. Investors are awaiting the release of FOMC meeting minutes, the US GDP advance estimate, and PCE inflation data for further clues on the timing of the next rate cut. On the geopolitical front, traders are monitoring nuclear talks between the US and Iran and US-led negotiations aimed at ending the war in Ukraine, both scheduled to resume on Tuesday. Developments in these areas could influence risk sentiment and safe-haven demand. Despite recent volatility, the precious metal remained supported by geopolitical uncertainty, strong central bank buying, and investor flight from sovereign bonds and currencies.
2026-02-16
Gold Pares Weekly Losses
Gold rose toward $5,030 per ounce on Friday, extending its rebound and paring weekly losses after Thursday’s more than 3% slide, as softer-than-expected US inflation eased pressure on Treasury yields and weighed on the dollar. The prior drop came amid a broad cross-asset selloff that forced investors to liquidate precious metals to raise cash, with simultaneous declines in equities and cryptocurrencies underscoring a wider risk-off move. Data showed annual inflation slowed to 2.4% in January, below forecasts, while core inflation eased to 2.5%, reinforcing dovish arguments at the Federal Reserve after strong jobs data had pushed rate-cut expectations toward July. Yields edged lower and the dollar weakened following the release, offering near-term support to bullion. Despite recent volatility, continued central bank buying, geopolitical tensions and persistent concerns over currency debasement and rising sovereign debt burdens continue to underpin structural demand.
2026-02-13
Gold Rises After Sharp Loss
Gold rose to around $4,960 per ounce on Friday after falling more than 3% in the previous session, as markets navigated elevated volatility. Thursday’s drop occurred during a broad market selloff that led investors to liquidate precious metals to raise cash. Although no single catalyst was identified, parallel declines in equities and cryptocurrencies point to broader risk aversion, possibly reinforced by automated trading. Meanwhile, investors are focused on US inflation data due later today, which could shape expectations for the Federal Reserve’s next policy move. Stronger-than-expected January jobs data released earlier this week have led markets to price in a first rate cut in July rather than June. Nevertheless, concerns about currency debasement, ongoing central bank purchases, and geopolitical tensions continue to provide underlying support for the metal. Bullion is still heading for a modest weekly loss.
2026-02-13