Gold and silver prices rose on February 13, 2026, recovering from near one-week lows hit in the prior session, as bargain hunters stepped in amid anticipation for US inflation data.
Price Recovery
Spot gold climbed 1% to $4,966.83 per ounce after a more than 3% drop that breached the key $5,000 support level, while US gold futures for April gained 0.7% to $4,985.40.
Spot silver surged 2.1-2.5% to around $76.76-$77.02 per ounce, rebounding from an 11% plunge earlier in the week.
Market Drivers
The rally followed strong US jobs data that reduced expectations for Federal Reserve rate cuts, pressuring non-yielding metals; a flat US dollar offered some relief.
Investors await key inflation figures later that day for clues on Fed policy, with platinum up 1.7% to $2,033.15 and palladium rising 1.4% to $1,639.99.
Outlook Factors
Bargain buying emerged after technical breakdowns intensified selling, though weekly losses persist; analysts eye sustained support above $4,900 for gold amid economic uncertainty.
