Gold Price Trend Today (Feb 17, 2026) YLG Bullion Analysis

Prachachat•Economy•18h ago

Reader Briefing

Gold prices face pressure from a pullback after failing to surpass resistance levels, with attention on support at $4,878 and geopolitical talks influencing market direction.

•Gold prices saw a pullback yesterday after failing to break through $5,118-5,046 resistance levels.
•Key support is identified at $4,878, with a break below this level indicating deeper correction.
•Geopolitical events, including US-Iran and Russia-Ukraine talks scheduled for Feb 17-18, are being monitored for their impact on gold prices.

Overview

•Yesterday, gold prices experienced a pullback after failing to surpass the $5,118-5,046 resistance.
•If gold prices fall below the $4,878 support level, there is a risk of a deeper correction, leading to a negative outlook.
•Gold prices closed down $51.42 yesterday amid thin trading volumes.
•The US market was closed for President's Day, while Chinese and other Asian markets were closed for the Lunar New Year.
•A stronger US dollar due to the Japanese yen weakening after disappointing Japanese GDP data also pressured gold prices.
•Gold in India was sold at a discount of $12 for the first time in nearly a month, after previously trading at a premium of up to $70.
•High gold price volatility and elevated levels are dampening buying interest from consumers and gold shops, adding downward pressure.
•Geopolitical events include US-Iran negotiations in Geneva on February 17, with Oman as mediator.
•Russia and Ukraine will hold peace talks in Geneva on February 17-18, with the US as mediator.

Full article content is available on the original source.

Read on Prachachat (Thai Version)View in Google Translate

Source: Prachachat (Original)

Key Entities

Organization

YLG Bullion

An organization providing analysis on gold price trends.

Place

United States(สหรัฐ)ℹ️

A major market whose closure on President's Day impacted trading volumes.

Iran(อิหร่าน)ℹ️

A nation involved in geopolitical negotiations with the United States in Geneva.

Oman(โอมาน)ℹ️

A mediator in the upcoming US-Iran negotiations.

Russia(รัสเซีย)ℹ️

A nation involved in peace talks with Ukraine, mediated by the United States.

Ukraine(ยูเครน)ℹ️

A nation involved in peace talks with Russia, mediated by the United States.

China(จีน)ℹ️

A country whose market closure for the Lunar New Year affected global trading.

Japan(ญี่ปุ่น)ℹ️

A country whose economy experienced weak GDP data, leading to a weakening yen.

Geneva(เจนีวา)ℹ️

The location for upcoming geopolitical negotiations between the US and Iran, and Russia and Ukraine.

Stat

Japanese GDP(GDP ญี่ปุ่น)ℹ️

Economic data from Japan that was weaker than expected, causing the yen to depreciate.