Gold prices climb above $5,000 amid geopolitical uncertainty and Fed minutes
Gold prices rose over 2% today as investors monitored difficult peace talks in Ukraine. Markets also await Federal Reserve minutes for interest rate clues.
Insights:
Gold prices rose more than 2% on Feb. 18, 2026, as investors assessed simmering geopolitical tensions and awaited the U.S. 
US Federal Reserve's January meeting minutes. The intraday rally, which brought gold's year-to-date performance to over 15%, underscored the metal's function as a traditional safe-haven. This time-sensitive move in the gold bullion market occurred as the Federal Reserve minutes were scheduled for release later the same day, providing a critical monetary-policy signal.
US Federal Reserve's January meeting minutes. The intraday rally, which brought gold's year-to-date performance to over 15%, underscored the metal's function as a traditional safe-haven. This time-sensitive move in the gold bullion market occurred as the Federal Reserve minutes were scheduled for release later the same day, providing a critical monetary-policy signal.
