Gold Retreats from Key $5,000 Threshold Amid Profit-Taking
17.02.2026 - 12:24:02
Despite a supportive backdrop of geopolitical tensions and the prospect of lower U.S. interest rates, the gold market experienced a notable pullback on Tuesday. The precious metal slipped below the psychologically significant $5,000 per ounce level, prompting questions about the drivers behind the shift in investor sentiment.
The current correction occurs within a fundamentally positive environment for gold. The catalyst for the metal’s recent rally was subdued U.S. inflation data, with the rate falling to 2.4% in January. This has solidified market expectations that the Federal Reserve will proceed with further reductions to its benchmark rate, currently at 3.75%. Traders are now pricing in more than two rate cuts for this year, Read more...
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