Gold falls 1% on firmer dollar

NEW YORK, (UrduPoint / Pakistan Point News / WAM - 17th Feb, 2026) Gold fell 1 percent on Tuesday as thin trading persisted across major Asian markets due to the Lunar New Year holidays, while a firmer Dollar also pressured prices.

Spot gold dropped 0.9 percent to $4,947.

98 per ounce by 01:10 GMT, after losing 1 percent earlier in the session.

US gold futures for April delivery lost 1.6 percent to $4,966.80 per ounce.

Spot silver fell 2.7 percent to $74.51 per ounce, after dropping over 3 percent earlier.

Spot platinum shed 0.8 percent to $2,025.05 per ounce, while palladium lost 1.5 percent to $1,698.10.