In this video: Let's dubiously speculate on the price of #Gold. We also talk about fundamental drivers. Video by Benjamin Cowen.
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As of Tuesday, February 17, 2026, the spot price of gold is approximately $4,926.70 per ounce, reflecting a daily decline of roughly 2.37%.
Gold has experienced significant volatility this month, retreating from record highs near $5,600 reached in late January. Despite the current bearish trend, the price remains up over 70% compared to one year ago.
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Gold Insights
-Daily Movement: Gold opened at $5,050.00 today but saw a sharp intraday drop, reaching a low of $4,875.20 before stabilizing slightly.
-Recent Correction: Prices fell over $200 on February 12 following reports regarding shifted Russian economic policies and have been consolidating since.
-Regional Rates (India): In India, 24K gold is priced at approximately ₹1,54,910 per 10 grams in major cities like Mumbai and Chennai.
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