Gold price holds above $5,000 as US-Iran tensions collide with Fed inflation test
New York, Feb 19, 2026, 12:31 EST — Regular session Spot gold edged up 0.6% to $5,007.46 an ounce as of 11:14 a.m. EST. U.S. gold futures for April ticked 0.3% higher, landing at $5,025.80. Investors kept an eye on U.S.-Iran tensions, a steeper-than-expected fall in weekly U.S. jobless claims, and the inflation report just ahead, all lending support to the metal. “We’re being whipsawed and moving sideways with volatility,” said Daniel Pavilonis, senior market strategist at RJO Futures. He still sees the potential for “one more leg down.”
