PRECIOUS-Gold and silver rise from near one-week lows on bargain-hunting

Reuters
2026.02.13 01:53
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Gold and silver prices rebounded on February 13, 2026, following a decline to one-week lows due to bargain-hunting. Spot gold rose 1% to $4,966.83 per ounce, while U.S. gold futures increased by 0.7%. Spot silver climbed 2.1% to $76.76 per ounce after an 11% drop earlier. The U.S. job market showed stronger-than-expected growth, with nonfarm payrolls rising by 130,000 in January, influencing expectations for interest rates. Investors are awaiting inflation data for further insights into the Federal Reserve's monetary policy.