Gold prices rose globally on Wednesday, February 11, 2026, bolstered by expectations of potential interest rate cuts by the U.S. Federal Reserve, while oil prices declined. Investors are currently awaiting the release of key employment data, which could further influence market direction.
The increase in gold prices reflects a broader trend of investor interest in safe-haven assets amid economic uncertainty. Fluctuations in interest rates often impact the attractiveness of gold as an investment, as lower rates typically reduce the opportunity cost of holding non-yielding assets like gold. The National News Agency reported the upward movement in gold prices.
Meanwhile, oil prices experienced a downturn, driven by concerns about a potential global recession and data revealing increased crude oil inventories in the United States. According to the National News Agency, the decline in oil prices is a response to these macroeconomic factors.
Recent reports indicate slight changes in the price of 18-karat gold as trading began in the evening. Al Youm Al Sabea reported on these minor price adjustments.
Globally, the price of gold has remained stable above $5,000 per ounce as investors await further economic data. As reported by Al Mal, this stability indicates continued investor confidence in gold as a store of value.
Conversely, gold and silver prices have decreased following improvements in risk appetite. Al Arabiya also covered the trend.
