Gold Prices Surge 7.2% on Fed Rate Cut Outlook; SPDR Gold Shares Up 6.8%

Gold futures rise 7.2% on February 11, 2026, as traders price in a potential Fed rate cut in March, sending SPDR Gold Shares (GLD) up 6.8% in early trading. The dollar weakness and expectations of accommodative monetary policy drive the move. The U.S. dollar index closed at 102.35, down 0.4% from the prior day.