17:36 - 13.02.2026
February 13, Fineko/abc.az. Gold prices grew more than by 1% on Friday, recovering from a one-week low.
ABC.AZ reports that growth was supported by investors who took advantage of lower prices to make purchases.
Spot price reached $4,969.85 per ounce (+1%), futures in the USA - $4,990.30 (+0,9%). The main impetus came from Asian markets amid high demand in China before the Lunar New Year, while in India, gold is trading at a discount for the first time in a month due to volatility.
The day before, the metal fell almost by 3% after strong data at the U.S. labor market, which lowered expectations of early easing of Federal Reserve's policy. Investors' attention is now focused on inflation data that could influence further decisions by the regulator.
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