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    • Gold Eases Despite Soft US Inflation Data

    By on February 16, 2026
    Gold / Silver
    Gold / Silver

    Gold Prices Ease as Stronger US Dollar Spurs Profit-Taking

    Singapore: Gold prices declined today as the US dollar strengthened, prompting investors to take profits after the precious metal recorded gains of more than 2 percent in the previous session.

    The pullback came despite softer-than-expected US inflation data, which reinforced expectations that the US Federal Reserve may move towards interest rate cuts in the coming period.

    Spot gold fell 0.4 percent to USD 5,020.10 per ounce after rising 2.5 percent in the prior session. Meanwhile, US gold futures for April delivery edged down 0.1 percent to USD 5,039.50 per ounce.

    In other precious metals, spot silver declined 0.6 percent to USD 76.92 per ounce after gaining 3 percent on Friday. Platinum fell 0.4 percent to USD 2,054.35 per ounce, while palladium rose 0.4 percent to USD 1,692.23 per ounce.

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