--- title: "PRECIOUS-Gold edges down as dollar firms; inflation data in focus" description: "Gold prices fell 0.4% to $4,961.57 per ounce as the U.S. dollar strengthened ahead of key inflation data. U.S. gold futures for April delivery dropped 0.6% to $4,981. The dollar's rise made gold more " type: "news" locale: "en" url: "https://longbridge.com/en/news/276292089.md" published_at: "2026-02-19T01:44:04.000Z" --- # PRECIOUS-Gold edges down as dollar firms; inflation data in focus > Gold prices fell 0.4% to $4,961.57 per ounce as the U.S. dollar strengthened ahead of key inflation data. U.S. gold futures for April delivery dropped 0.6% to $4,981. The dollar's rise made gold more expensive for foreign buyers. Markets expect three 25-basis-point rate cuts this year, while investors await jobless claims and PCE data for insights on monetary policy. Gold had previously gained over 2% due to safe-haven demand amid stalled peace talks between Ukraine and Russia. Feb 19 (Reuters) - Gold prices edged lower on Thursday after a more than 2% gain in the previous session, as the U.S. dollar firmed ahead of a key inflation report due later this week that could provide more cues on the U.S. interest rate trajectory. ### FUNDAMENTALS - Spot gold (XAU=) dipped 0.4% to $4,961.57 per ounce by 0112 GMT, after gaining 2.1% in the previous session. - U.S. gold futures (GCcv1) for April delivery were down 0.6% at $4,981. - The dollar hit its highest level in more than a week, making greenback-priced bullion more expensive for other currency holders. (USD/) - Mainland Chinese, Hong Kong, Singapore, Taiwan and South Korea markets were closed for the Lunar New Year holidays, which means low volumes and possibly volatile moves, traders said. - U.S. Federal Reserve policymakers were in near-unanimous agreement to keep interest rates on hold at their meeting last month, but remained split over their next steps, with “several” open to rate hikes if inflation remains elevated, others inclined to support further cuts if inflation recedes. - Markets currently expect three 25-basis-point rate cuts this year, according to CME’s FedWatch Tool. (FEDWATCH) - Investors now await the weekly jobless claims report due later in the day and the Personal Consumption Expenditure (PCE) data, the Fed’s preferred inflation gauge, due on Friday for more cues on monetary policy. Non-yielding bullion tends to do well in low-interest-rate environments. - Gold gained more than 2% on Wednesday on safe-haven demand as two days of peace talks in Geneva between Ukraine and Russia ended without a breakthrough. Ukraine President Volodymyr Zelenskiy said he was dissatisfied with the outcome, while Washington reported “meaningful progress”. - Spot silver (XAG=) eased 0.5% to $76.83 per ounce after dropping more than 5% on Wednesday. - Spot platinum (XPT=) edged 0.1% down to $2,069.35 per ounce, while palladium (XPD=) lost 0.5% to $1,707.53. ### DATA/EVENTS (GMT) 1330 US International Trade Dec 1330 US Initial Jobless Clm Weekly 1330 US Philly Fed Business Indx Feb 1500 EU Consume Confid. Flash Feb ### Related Stocks - [AEM.US - Agnico Eagle Mines](https://longbridge.com/en/quote/AEM.US.md) - [601899.CN - Zijin Mining](https://longbridge.com/en/quote/601899.CN.md) - [GDX.US - VanEck Gold Miners ETF](https://longbridge.com/en/quote/GDX.US.md) - [GLD.US - SPDR Gold Shares](https://longbridge.com/en/quote/GLD.US.md) - [IAU.US - iShares Gold Trust](https://longbridge.com/en/quote/IAU.US.md) - [UUP.US - Invesco DB US Dollar Index Bullish Fund](https://longbridge.com/en/quote/UUP.US.md) - [RING.US - iShares MSCI Global Gold Miners](https://longbridge.com/en/quote/RING.US.md) - [KGC.US - Kinross Gold](https://longbridge.com/en/quote/KGC.US.md) - [USDU.US - Wtree Bbg Usd Bull](https://longbridge.com/en/quote/USDU.US.md) - [518850.CN - ChinaAMC Gold ETF](https://longbridge.com/en/quote/518850.CN.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Ongwe Minerals 在纳米比亚启动了其黄金勘探项目的钻探计划 | Ongwe Minerals 在纳米比亚的黄金勘探项目上启动钻探计划 | [Link](https://longbridge.com/en/news/276227648.md) | | 黄金价格在一月底出现下跌 | 黄金价格在一月底因市场条件变化而下跌。以下是近期价格变动背后因素的详细分析 | [Link](https://longbridge.com/en/news/276154911.md) | | 日元受美元走高拖累 新元兑日元升破 122 水平 \| 联合早报网 | 在美元走强的背景下,日元创下本月最大单日跌幅,新元兑日元升破 122 水平。美元指数上涨 0.5%,美国 10 年期国债收益率升至 4.09%,导致美元兑主要货币普遍走高,日元表现较弱。美元兑日元在纽约市场一度跌至 154.81,单日跌幅达 | [Link](https://longbridge.com/en/news/276308077.md) | | 加拿大 B2Gold 公司第四季度的收入未能达到分析师的预期 | 加拿大的 B2Gold 报告第四季度收入为 10.5 亿美元,未达到分析师预期的 11.7 亿美元。该公司回购了 700 万股,并预测 2026 年的黄金产量将在 82 万到 97 万盎司之间,现金运营成本预计为每盎司 1155 到 128 | [Link](https://longbridge.com/en/news/276283093.md) | | 黄金在会议纪要公布后继续上涨 | 黄金价格上涨至每盎司 4990 美元以上,投资者对最新的联邦公开市场委员会(FOMC)纪要作出反应,该纪要显示了对美国货币政策的不同看法。一些美联储官员对如果通货膨胀持续减弱而降息持开放态度,而另一些则倾向于在通货膨胀高企的情况下维持或收紧 | [Link](https://longbridge.com/en/news/276264367.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.