Gold prices climbed above $5,000/ounce on 9 Feb 2026, as dip-buyers returned to the market.
This recovery occurred after several sessions of choppy trading.
Traders noted that technical support levels attracted renewed bu
ying interest.
Safe-haven demand helped support bullion amid macro uncertainties.
Some scepticism remained as markets weighed inflation and rate exp
ectations.
Spot gold in India showed price rebounds influenced by global movements.
Commodity traders said volatility may persist ahead of economic data.
Global cues from currency and equities impacted bullion flows.
Gold continues to trade as a hedge against geopolitical tensions.
Market commentary on gold was part of broader financial coverage today.