---
title: "Commodity wrap: gold below $5,000, silver plunges on firm dollar"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/276141277.md"
description: "Gold and silver prices fell on Tuesday due to a stronger dollar and reduced safe-haven demand. Silver on COMEX dropped over 4%, while gold slipped below $5,000 per ounce. Oil prices were mixed, with WTI at $62.59 per barrel (down 0.3%) and Brent at $67.64 per barrel (down 1.5%)."
datetime: "2026-02-17T15:17:28.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/276141277.md)
  - [en](https://longbridge.com/en/news/276141277.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/276141277.md)
---

# Commodity wrap: gold below $5,000, silver plunges on firm dollar

Gold and silver prices continued to fall on Tuesday as a stronger dollar and easing tensions dented safe-haven demand for the precious metals. Silver prices on COMEX slumped more than 4% on Tuesday as investors remained cautious about the white metal’s prospects on the upside. Meanwhile, oil prices were mixed, with the West Texas Intermediate in the green for most of the day before slipping slightly, while Brent was more than 1% down from the previous close. WTI prices were at $62.59 a barrel, down 0.3%, while Brent was 1.5% lower at $67.64 a barrel. Gold slips Gold prices on COMEX slipped below the $5,000 per ounce mark as investors could not defend the level. The COMEX gold contract was…

### Related Stocks

- [AEM.US](https://longbridge.com/en/quote/AEM.US.md)
- [SGDJ.US](https://longbridge.com/en/quote/SGDJ.US.md)
- [518850.CN](https://longbridge.com/en/quote/518850.CN.md)
- [UGL.US](https://longbridge.com/en/quote/UGL.US.md)
- [GDX.US](https://longbridge.com/en/quote/GDX.US.md)
- [GDXY.US](https://longbridge.com/en/quote/GDXY.US.md)
- [GDXW.US](https://longbridge.com/en/quote/GDXW.US.md)
- [GBUG.US](https://longbridge.com/en/quote/GBUG.US.md)
- [SGDM.US](https://longbridge.com/en/quote/SGDM.US.md)
- [IAU.US](https://longbridge.com/en/quote/IAU.US.md)
- [DBP.US](https://longbridge.com/en/quote/DBP.US.md)
- [GLL.US](https://longbridge.com/en/quote/GLL.US.md)
- [600547.CN](https://longbridge.com/en/quote/600547.CN.md)
- [RING.US](https://longbridge.com/en/quote/RING.US.md)
- [GDXJ.US](https://longbridge.com/en/quote/GDXJ.US.md)
- [GOAU.US](https://longbridge.com/en/quote/GOAU.US.md)
- [SGOL.US](https://longbridge.com/en/quote/SGOL.US.md)
- [GOEX.US](https://longbridge.com/en/quote/GOEX.US.md)
- [GLD.US](https://longbridge.com/en/quote/GLD.US.md)

## Related News & Research

- [$1000 Invested In SPDR Gold MiniShares Trust 5 Years Ago Would Be Worth This Much Today](https://longbridge.com/en/news/286819467.md)
- [J. P. Morgan lowers 2026 gold price forecast](https://longbridge.com/en/news/286714122.md)
- [JPMorgan lowers 2026 gold forecast, still sees rally towards $6,000 on renewed demand](https://longbridge.com/en/news/286715908.md)
- [PRECIOUS-Gold drops 2% as rising yields, dollar, sap appeal; inflation woes linger](https://longbridge.com/en/news/286545868.md)
- [Galiano Gold Q1 Earnings Call Highlights](https://longbridge.com/en/news/286620706.md)