Gold prices dipped on Thursday, as the U.S. dollar firmed after stronger-than-expected January jobs data dented expectation for near-term interest rate cuts, while investors awaited inflation data due on Friday for more monetary policy cues. Spot gold edged 0.3% lower to $5,065.98 per ounce by 0318 GMT. “The stronger jobs report leading to a slight pare back in Fed rate-cut expectations may have played a role in gold’s lacklustre move,” said Christopher Wong, a strategist at OCBC. The U.S. dollar index (.DXY) rose following the surprisingly strong employment report that suggested underlying U.S. economic health. “Sensitivity to the dollar, yield repricing, and uncertainty around Fed policy should continue to pose two-way risks for gold in the interim,” Wong said.

Source: The Patriot February 12, 2026 15:10 UTC