Gold Slides on Profit-Taking as CPI Stays Below 4%; SPOT @ $5,027

Gold edged lower on profit-taking after a mild U.S. inflation print lifted prices above $5,000 an ounce. The U.S. consumer price index rose 0.2% in January, supporting expectations the Federal Reserve may trim rates, which typically benefit non-yielding gold. Spot gold fell 0.3% to $5,026.96 as of February 15, 2026, 7:40 a.m. (Singapore time). Silver dropped 1.1% to $76.54 an ounce. Platinum and palladium also declined. The Bloomberg Dollar Spot Index rose 0.1%. Geopolitical risks and a flight from Treasuries remain key drivers cited by banks and miners for potential higher prices despite the pullback.