{"id":41786,"date":"2026-02-13T15:31:59","date_gmt":"2026-02-13T07:31:59","guid":{"rendered":"https:\/\/www.vtmarkets.com\/?p=41786"},"modified":"2026-02-13T15:31:59","modified_gmt":"2026-02-13T07:31:59","slug":"gold-rebounds-ahead-of-cpi-after-5000-break","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/gold-rebounds-ahead-of-cpi-after-5000-break\/","title":{"rendered":"Gold Rebounds Ahead of CPI After $5,000 Break"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"573\" src=\"https:\/\/www.vtmarkets.com\/en-ca\/wp-content\/uploads\/sites\/13\/2026\/03\/Gold-1-1024x573.webp\" alt=\"\" class=\"wp-image-41791\"\/><\/figure>\n\n\n\n<p><strong>Key Points<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Spot gold rose 0.6% to $4,949.99 but is down 0.2% for the week<\/li>\n\n\n\n<li>Thursday\u2019s drop saw gold break below the $5,000 level for the first time in a week<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\"\/>\n\n\n\n<p>Gold rebounded on Friday, rising <strong>0.6% to $4,949.99<\/strong> per ounce after falling below the critical <strong>$5,000 level<\/strong> in the previous session. U.S. gold futures for April delivery gained <strong>0.4% to $4,968.0<\/strong>.<\/p>\n\n\n\n<p>The rebound follows a steep <strong>3% decline on Thursday<\/strong>, which marked a one-week low and came amid a broader equities selloff that dragged precious metals down with it.<\/p>\n\n\n\n<p>The bounce comes as market attention shifts toward the upcoming <strong>U.S. inflation report<\/strong>, which could reshape expectations for monetary policy.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">\ud83d\udcbc January\u2019s jobs surge shocked markets \u2014 and pushed expected Fed cuts further into the year. Hear what it means for 2026 on this week\u2019s Reuters Morning Bid podcast <a href=\"https:\/\/t.co\/oD1DV4DwjL\">https:\/\/t.co\/oD1DV4DwjL<\/a><\/p>&mdash; Reuters (@Reuters) <a href=\"https:\/\/twitter.com\/Reuters\/status\/2021907142643425353?ref_src=twsrc%5Etfw\">February 12, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Following strong <strong>nonfarm payrolls<\/strong> data earlier this week, the view that the Federal Reserve will hold rates higher for longer has gained traction, pressuring bullion. However, a softer inflation print could rekindle hopes for rate cuts later this year, helping gold regain ground.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">CPI in Focus After Strong Jobs Print<\/h2>\n\n\n\n<p>Gold\u2019s weakness earlier in the week followed unexpectedly strong labour data, with January\u2019s jobs report showing better-than-expected employment gains.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Morning Bid: Jobs jolt rate bets <a href=\"https:\/\/t.co\/uM6PNLNgsT\">https:\/\/t.co\/uM6PNLNgsT<\/a> <a href=\"https:\/\/t.co\/uM6PNLNgsT\">https:\/\/t.co\/uM6PNLNgsT<\/a><\/p>&mdash; Reuters (@Reuters) <a href=\"https:\/\/twitter.com\/Reuters\/status\/2021999039261143152?ref_src=twsrc%5Etfw\">February 12, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>This has tempered expectations for immediate rate cuts, shifting the first anticipated move by the Fed from <strong>May to June<\/strong>, with two <strong>25-basis-point cuts<\/strong> still priced in for 2026.<\/p>\n\n\n\n<p>Investors now await Friday\u2019s <strong>CPI report<\/strong>, expected to provide crucial insight into inflation\u2019s path. If core inflation continues to ease, it may support rate-cut expectations and offer a more favourable backdrop for non-yielding assets like gold.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">US consumer prices likely maintained a steady pace of increase in January as businesses raised prices at the start of the year, which together with a stabilizing labor market could allow the Federal Reserve to keep interest rates unchanged for a while <a href=\"https:\/\/t.co\/mwqekzOvY4\">https:\/\/t.co\/mwqekzOvY4<\/a><\/p>&mdash; Reuters (@Reuters) <a href=\"https:\/\/twitter.com\/Reuters\/status\/2022184419126038867?ref_src=twsrc%5Etfw\">February 13, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>In physical markets, <a href=\"https:\/\/t.co\/5enxcpv6Ti\" target=\"_blank\" rel=\"noopener nofollow\" title=\"\">gold flipped to a discount in India<\/a> for the first time in a month, as <strong>price volatility curbed consumer demand<\/strong>. In contrast, <strong>Chinese demand remained strong<\/strong>, with buyers active ahead of Lunar New Year celebrations. This divergence reflects broader market hesitancy in regions sensitive to price fluctuations.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Technical Analysis<\/h2>\n\n\n\n<p><strong>Gold (XAUUSD)<\/strong> is currently trading at <strong>$4953.87<\/strong>, up <strong>+31.79 (+0.65%)<\/strong>, as prices attempt to stabilise after recent sharp volatility.<\/p>\n\n\n\n<p>The precious metal remains within a consolidation phase following the dramatic rejection from the recent high of <strong>$5598.60<\/strong> earlier this month.<\/p>\n\n\n\n<p>The daily chart shows price action wedged between key moving averages, with the <strong>10-day MA (4935.49)<\/strong> and <strong>20-day MA (4970.65)<\/strong> providing immediate support and resistance respectively.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/en-ca\/wp-content\/uploads\/sites\/13\/2026\/03\/image-18-1024x472.jpg\" alt=\"\" class=\"wp-image-41790\"\/><\/figure>\n\n\n\n<p>Meanwhile, the <strong>30-day MA (4827.34)<\/strong> is offering deeper downside protection, suggesting that bulls are still broadly in control unless this level is breached.<\/p>\n\n\n\n<p>Momentum indicators remain mixed. The price is currently trading below the <strong>5-day MA (5008.45)<\/strong>, which signals a loss of short-term momentum, while the Bollinger Bands have narrowed slightly\u2014hinting at reduced volatility.<\/p>\n\n\n\n<p>However, elevated volumes suggest ongoing interest and active positioning from traders.<\/p>\n\n\n\n<p>If gold can reclaim the <strong>$5000<\/strong> level convincingly, upside targets may re-emerge at <strong>$5157.56<\/strong>, followed by a potential retest of the <strong>$5598.60<\/strong> peak.<\/p>\n\n\n\n<p>On the downside, watch for a break below <strong>$4900\u2013$4850<\/strong> as a signal of bearish intent, which could trigger a move toward <strong>$4544.06<\/strong> support.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Market Implications<\/h2>\n\n\n\n<p>Gold\u2019s sharp drop and partial rebound highlight the market\u2019s sensitivity to macro signals. A <strong><a href=\"https:\/\/t.co\/5bL19ehfLi\" target=\"_blank\" rel=\"noopener nofollow\" title=\"\">softer CPI print<\/a><\/strong> could reinforce the case for rate cuts and reignite bullish momentum, potentially pushing prices back above <strong>$5,050\u20135,100<\/strong>.<\/p>\n\n\n\n<p>However, if inflation comes in hotter than expected, selling pressure could return and gold may retest the <strong>$4,900\u20134,850<\/strong> zone.<\/p>\n\n\n\n<p>While the short-term outlook hinges on inflation data, broader drivers like geopolitical tensions, central bank demand, and fiscal uncertainty remain intact.<\/p>\n\n\n\n<p>For now, the market awaits the next directional cue from incoming data.<\/p>\n\n\n\n<p><strong>Learn more about trading <a href=\"https:\/\/www.vtmarkets.com\/precious-metals\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Precious Metals<\/a> on VT Markets <a href=\"https:\/\/www.vtmarkets.com\/Insights\/\" target=\"_blank\" rel=\"noopener\" title=\"\">here<\/a>.<\/strong><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold climbs near $4,950 after Thursday&#8217;s sharp selloff; traders await US inflation data for Fed rate cues. | VT Markets<\/p>\n","protected":false},"author":64,"featured_media":41791,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[31],"tags":[6,13],"class_list":["post-41786","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","tag-gold","tag-precious-metals"],"acf":{"acf_article_selection_author":""},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/41786","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/users\/64"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/comments?post=41786"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/41786\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media\/41791"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media?parent=41786"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/categories?post=41786"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/tags?post=41786"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}