Gold prices retreat as thin holiday trading and firm dollar weigh on bullion

Gold prices fell on Monday as holidays in the United States and Asia limited market liquidity. A stronger dollar further pressured the non-yielding metal today.

Insights:
Gold prices fell on Monday, February 16, 2026, as the gold market faced downward pressure from low liquidity and a firmer currency. The decline impacted both spot and futures bullion prices during a period of holiday-thinned trading across U.S. markets and major financial hubs in the East. This trend was particularly pronounced as the United States USUS observed Presidents Day and markets in China and several other countries in Asia were closed for the Lunar New Year, including China CNCN.
Gold coins are pictured at the local shop of goldsmith Axel Harbaum-Neuhaus in Bonn, Germany, October 21, 2025, as gold prices rise and many trade in their golden possessions. REUTERS/Jana Rodenbusch/File Photo
Gold coins are pictured at the local shop of goldsmith Axel Harbaum-Neuhaus in Bonn, Germany, October 21, 2025, as gold prices rise and many trade in their golden possessions. REUTERS/Jana Rodenbusch/File Photo
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