Gold and silver prices fall as strong US jobs data bolsters the dollar
Precious metal prices fell on Thursday as a stronger dollar followed robust US jobs data. Markets now await Friday inflation reports for policy direction.
Stronger-than-expected January jobs data from the United States 
US has pushed the U.S. dollar higher and triggered immediate declines in spot gold and silver. The report, released on February 12, 2026, revealed that payrolls saw their largest monthly increase in 13 months, while the unemployment rate in the U.S. labor market fell to 4.3%. This unexpected acceleration has led to revised expectations for near-term rate cuts by the Federal Reserve, fundamentally altering investor positioning across the precious metals sector.
US has pushed the U.S. dollar higher and triggered immediate declines in spot gold and silver. The report, released on February 12, 2026, revealed that payrolls saw their largest monthly increase in 13 months, while the unemployment rate in the U.S. labor market fell to 4.3%. This unexpected acceleration has led to revised expectations for near-term rate cuts by the Federal Reserve, fundamentally altering investor positioning across the precious metals sector.
