Gold Price Today Live: Mixed cues for tradersLast week, in overseas trade, Comex gold futures advanced by USD 84, registering a gain of 1.7 per cent, while silver inched higher to settle at USD 77.27 per ounce.”Gold prices see-sawed between gains and losses for most part of the trading session, but managed to close the week in positive and above USD 5,000 per ounce in the overseas market.
The bullions are passing through a phase of consolidation amid lack of clarity among traders as they remain divided over the price direction and look for fresh fundamental triggers,” Pranav Mer, Vice President, EBG, Commodity & Currency Research, JM Financial Services Ltd said.
Gold prices have fallen in February 2026, with prices correcting from highs of Rs 1,80,000 per 10 grams to around Rs 1,53,800 per 10 grams as on February 13,” Prathamesh Mallya, DVP – Research, Non-Agri Commodities and Currencies at Angel One, said.He noted that better-than-anticipated employment data from the United States has tempered expectations of near-term interest rate reductions, which has weighed on gold prices over the past week.
However, the yellow metal’s safe haven appeal remains intact on account of geopolitical tensions, and strong buying ahead of the Lunar New Year. It’s a tug of war between bears and bulls this week, and the volatility will continue in the week ahead,” Mallya added.
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