MW Gold futures once again reclaim $5,000 mark
By Steve Goldstein
Gold is trading above $5,000 again.
Gold futures rose on Monday, as the volatile yellow metal benefited from uncertainty overseas.
The overwhelmingly election win for Japan's conservatives, who are pushing for more fiscal spending, and a Bloomberg report that China is urging local banks to scale back their holdings of U.S. government debt, were both seen as helping lift demand.
Those developments weighed on the dollar DXY, which tends to move in the opposite direction to gold.
Gold (GC00) rose over 1% to once again reclaim the $5,000 mark.
Silver (SI00) rallied over 3%.
-Steve Goldstein
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February 09, 2026 08:59 ET (13:59 GMT)
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