Gold Price Trend Analysis (Feb 16, 2026)

Prachachat•Economy•1d ago

Reader Briefing

Gold prices show a positive outlook with potential for further gains if key levels are maintained, driven by lower-than-expected US inflation boosting interest rate cut expectations.

•Gold prices experienced a rebound, forming a higher low above $4,878.
•US CPI data for January came in lower than expected, increasing hopes for Fed rate cuts.
•Analysts from ANZ and UBS have revised gold price forecasts upwards for 2025 and 2026.
•The New York financial markets will be closed on President's Day.

Overview

•On February 16, 2026, gold prices saw a rebound with a move to a higher low above $4,878.
•The gold price rebound occurred following the release of US CPI data for January.
•US CPI for January showed a 2.4% YoY increase, marking a low since April 2025.
•Lower-than-expected US inflation increased market expectations for Federal Reserve interest rate cuts, impacting dollar and gold prices.
•If gold prices can hold above $4,932, there is potential to test upper resistance levels.
•Analysts at ANZ revised Q2 gold price forecasts to $5,800 per ounce.
•UBS forecasts gold prices to trade between $4,500-$4,800 in the short term, potentially reaching $6,200 by mid-2026.
•New York financial markets, stock markets, and precious metal markets will be closed on President's Day.

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Key Entities

Organization

YLG Bullion

An organization providing analysis on gold price trends.

Federal Reserveℹ️

The central bank of the United States, whose interest rate decisions influence global markets.

ANZℹ️

An international bank that provided revised gold price forecasts.

UBSℹ️

A global financial services company that provided gold price forecasts.