COMMODITY
Gold futures trade sharply lower as dollar strengthens
Feb-17-2026

Gold traded sharply lower in early deals on Tuesday, with the firmness in dollar. Moreover, dulled safe haven appeal of the bullion amidst optimism regarding US-Iran nuclear talks and hawkish Federal Reserve also saddled the yellow metal rates.

Gold futures for February delivery plunged by $69.10 or 1.37% to $4,977.20 an ounce on the Comex division of the New York Mercantile. Spot gold down by $44.32 or 0.89% to $4,947.76 an ounce.


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