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As on : 26-Feb-2026
Other Markets - Bullion Markets
26-Feb-2026     14:37

Gold trades soft as investors await US jobs and inflation numbers

Gold futures slipped below $5200 per ounce in Asia on Thursday as investors remained cautious ahead of US unemployment data due today and key growth and inflation figures due on Friday. Mild selling pressure was seen at higher levels, though losses were capped as geopolitical tensions in the Middle East, ongoing uncertainty over US trade policies, and a softer dollar index near 97.5 continued to support the metal close to four-week highs. The buildup of US troops ahead of nuclear talks in Geneva and fresh sanctions on Iran kept safe-haven demand intact, while expectations that the Federal Reserve will keep interest rates unchanged helped limit downside. In the domestic market, MCX April gold futures declined over 1% to Rs 159,384 per 10 grams, with immediate support seen around Rs 159,100 and Rs 158,850.

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