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2026-02-13 16:46:03
[Gold Prices Recover Some Losses as Market Awaits US Inflation Data] ⑴ Gold prices rebounded after falling on Thursday as investors await US inflation data to be released later on Friday for further clues about the path of interest rate cuts this year. ⑵ Soojin Kim of MUFG said gold prices recovered some recent losses as bargain hunters returned ahead of key US inflation data. ⑶ Gold prices rose as much as 1.4%, after falling 3.2% in the previous session, marking their biggest one-day drop in a week. ⑷ She said the earlier decline occurred at the same time as overall market jitters and could have been amplified by margin calls, algorithmic trading, and profit-taking. ⑸ New York gold futures rose 1.1% to $5,002.10 per ounce and are on track for a modest weekly gain. ⑹ Meanwhile, silver futures also recovered from the previous session's losses, rising 4% to $78.71 per ounce.
