February, 18 2026 Wednesday 06:41 Hrs
Last update 11-9-2025
Ifin-logo
  • SENSEX :   83,450.96

  • Commodity broking firm in India173.81( 0.21%) 17-Feb-2026
Trade Online
Open Account Open Account

Pre Session Commentary - Detailed News

Precious Metals Preview: COMEX gold futures drift under $5K mark
16-Feb-26   09:20 Hrs IST

COMEX gold and silver futures drifted lower amid subdued volumes on Monday morning in Asia due to market holidays in the US and China. The metals gained impressive ground on Friday following softer January Consumer Price Index (CPI) figures, which reinforced expectations that the Federal Reserve (Fed) could cut rates later this year. The US Consumer Price Index rose 2.4% year-over-year (YoY) in January, slowing from 2.7% in December and coming in below the 2.5% forecast. On a monthly basis, consumer inflation moderated to 0.2%, down from 0.3% previously and under market expectations of 0.3%. Meanwhile, investors closely watch renewed nuclear negotiations between the US and Iran, along with US-led efforts to end the war in Ukraine, both set to resume on Tuesday. Currently, the counter is quoting under $5K mark.

Powered by Commodity Insights
Top
Attention Investor:
Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers/Depository Participant.     KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, ,Mutual ).    No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.