Gold rebounds after brief slide

Saturday, 14 February 2026 00:11 - - {{hitsCtrl.values.hits}}

Global gold prices advanced on Friday, recovering from a near one-week low in the previous session as investors positioned ahead of key US inflation data that could shape expectations on interest rates.

Gold was quoted at $ 4,953.18 per troy ounce on 13 February 2026, up 0.64% from the previous day. Over the past month, prices have risen 7.03% and are up 71.94% compared to the same period last year, based on trading in contracts for difference (CFDs) tracking the benchmark market.

The rebound follows a sharp decline on Thursday, when gold fell around 3% to a near one-week low, slipping below the $ 5,000 per ounce level amid intensified selling pressure during a broader equities downturn.

Prices had also come under strain after data released on Wednesday showed the US labour market began 2026 more strongly than expected, reinforcing the view that policymakers may keep interest rates higher for longer and dampening expectations of early rate cuts.