Daily brief · Wednesday, February 25, 2026

Gold ends at $5,191.55 as technical buying and bullish bank calls offset dollar worries

Gold finished higher at $5,191.55 an ounce (+1.39%), with several outlets pointing to technical buying and renewed interest after recent pullbacks. The day’s coverage also highlighted a tug-of-war between bullish longer-term bank forecasts and near-term headwinds tied to U.S. dollar strength and profit-taking.

AI summaryWritten automatically with AI from 32 linked reports and our own price data, Oct 21, 2:37 AM ET. Each point links to its sources. Published without an editor’s review; not investment advice. How this page is made

Tone of the reports: Mixed

What happened

  1. J.P. Morgan raised its long-term gold forecast, keeping the focus on structural demand and a higher-for-longer price backdrop, according to Reuters.

    SourcesReuters: JP Morgan raises long-term gold price forecast to $4,500

  2. Kitco News highlighted J.P. Morgan’s call for gold to reach $6,300 by year-end 2026, framing today’s move as part of a broader bull-market narrative in bank research.

    SourcesKitco News: Gold price will rise 22% above current level to reach $6,300 by year-end 2026 – J.P. MorganEarlier news service: JP MORGAN sees year-end 2026 gold price at $6,300

  3. Kitco said gold and silver rose on technical buying (price action driven by charts and positioning rather than fresh fundamentals).

    SourcesKitco News: Price gains for gold, silver; technical buying featured

  4. Kitco also reported silver led gold higher on technical buying, pointing to stronger momentum in silver on the day.

    SourcesKitco News: Silver leads gold higher on technical buying

  5. FXStreet described a recent dip in gold as driven by profit-taking and a stronger U.S. dollar, underscoring the near-term sensitivity to currency moves.

    SourcesFXStreet: Gold tumbles below $5150 on profit-taking, US Dollar strength

  6. Reuters reported two Fed officials did not see an imminent need to change monetary policy, a backdrop that markets often read through for rates and real-yield implications for gold.

    SourcesReuters: Two Fed officials do not see imminent need to change monetary policy

Bull vs bear

The arguments the day’s reports made for each direction. We list them side by side; we don’t pick one.

The case for higher prices

The case for lower prices

What to watch

  • UpcomingNvidia earningsAction Forex flagged Nvidia earnings as a potential sentiment test that could influence safe-haven demand for gold.

Metal by metal

Gold $5,191.55 +1.39%

Reuters reported J.P. Morgan raised its long-term gold forecast, and Kitco News separately highlighted J.P. Morgan’s $6,300 year-end 2026 scenario. Kitco and Action Forex also emphasized chart-driven buying/levels as a key near-term driver.

Gold headlines

Silver $90.71 +2.95%

Kitco said silver led gold higher on technical buying, suggesting the day’s strength was more about momentum and positioning than a single new fundamental catalyst.

Silver headlines

Platinum $2,323.00 +8.65%

No report focused on platinum.

Platinum headlines

Palladium $1,832.00 +6.08%

No report focused on palladium.

Palladium headlines

The day’s reports

37 reports, most important first, New York time.

  1. 7:00 PM Earlier news service · 7:00 PM HONG KONG : HKSAR plans gold storage expansion, eyes global clearing hub role Hong Kong plans to expand gold storage as it eyes a global clearing hub role.
  2. 7:00 PM Earlier news service · 7:00 PM HONG KONG Accelerates Bid to Become Global Gold Trading Hub, Boosting China’s Pr.. Hong Kong is accelerating its bid to become a global gold trading hub.
  3. 2:20 PM Reuters · 2:20 PM Ghana targets 127 tons of artisanal gold annually under sweeping reforms Ghana is targeting 127 tons of artisanal gold production annually under major reforms.
  4. 11:08 AM Reuters · 11:08 AM▲ Reports a rise JP Morgan raises long-term gold price forecast to $4,500 J.P. Morgan raised its long-term gold price forecast to $4,500.
  5. 9:59 AM Kitco News · 9:59 AM▲ Reports a rise Gold price will rise 22% above current level to reach $6,300 by year-end 2026 – J.P. Morgan J.P. Morgan said gold could rise 22% from current levels to $6,300 by year-end 2026.
  6. 7:00 PM Yahoo Finance · 7:00 PM Pan African Resources PLC (PAFRF) (H1 2026) Earnings Call ... Pan African Resources says gold production rose 50% and it expects further growth next financial year.
  7. 7:00 PM Earlier news service · 7:00 PM Gold and Platinum in Consolidation Mode – PERTH MINT Reports Silver Boom Perth Mint reports gold and platinum in consolidation while silver is booming.
  8. 7:00 PM Earlier news service · 7:00 PM▲ Reports a rise TURKEY : Online gold sales surge to record highs in Türkiye Online gold sales in Türkiye have surged to record highs.
  9. 7:00 PM Earlier news service · 7:00 PM▲ Reports a rise GOLD back in outperformance mode, SILVER surge adds to bullish case Gold is back in outperformance mode and silver's surge is adding to the bullish case.
  10. 7:00 PM Earlier news service · 7:00 PM▲ Reports a rise WORLD GOLD COUNCIL : Why gold in 2026? A cross-asset perspective The World Gold Council outlines a cross-asset case for gold in 2026.
  11. 7:00 PM Earlier news service · 7:00 PM INDIA revamps mutual fund rule book, opens room for higher gold and silver expos.. India has revamped mutual fund rules, allowing higher exposure to gold and silver.
  12. 7:00 PM Earlier news service · 7:00 PM▲ Reports a rise DEUTSCHE BANK Maintains Bullish Precious Metals Outlook Deutsche Bank is keeping a bullish outlook on precious metals.
  13. 7:00 PM Earlier news service · 7:00 PM INDIA markets regulator changes gold, silver valuation for mutual funds India's regulator has changed how mutual funds value gold and silver.
  14. 4:19 PM Kitco News · 4:19 PM▲ Reports a rise Gold bull market still ‘mid-cycle,’ could reach $6,750 by U.S. Midterms: MKS PAMP MKS PAMP says gold is still in a mid-cycle bull market and could reach $6,750 by the U.S. midterms.
  15. 11:37 AM Kitco News · 11:37 AM▲ Reports a rise Silver leads gold higher on technical buying Silver led gold higher on technical buying.
  16. 8:28 AM Reuters · 8:28 AM▲ Reports a rise TSX futures rise as gold gains; oil advances TSX futures rise as gold gains and oil advances.
  17. 7:31 AM Kitco News · 7:31 AM▲ Reports a rise Price gains for gold, silver; technical buying featured Kitco says gold and silver prices rose on technical buying.
  18. 8:50 PM Action Forex · 8:50 PM▲ Reports a rise Gold (XAU/USD) Bulls Eye Acceptance Above $5200/oz, Can NVIDIA Earnings Impact Haven Demand? Action Forex says gold is above $5,200 and bulls are watching for acceptance higher, with Nvidia earnings a possible sentiment test.
  19. 7:00 PM Yahoo Finance · 7:00 PM Nevada Canyon Announces Significant Gold Intercepts Including ... Nevada Canyon Gold says it found significant gold intercepts in its latest exploration results.
  20. 7:00 PM Earlier news service · 7:00 PM The Great Decoupling: OXFORD ECONOMICS Forecasts a Fractured Commodity Market fo.. Oxford Economics says the commodity market is becoming more fractured in its latest forecast.
  21. 7:00 PM Earlier news service · 7:00 PM▲ Reports a rise GOLD moves back toward the 5,200 zone following Trump’s speech Gold is moving back toward the 5,200 zone after Trump's speech.
  22. 7:00 PM Earlier news service · 7:00 PM▲ Reports a rise TOKENIZED GOLD outshines crypto prices amidst political chaos Tokenized gold is outperforming crypto prices amid political chaos.
  23. 7:00 PM Earlier news service · 7:00 PM▲ Reports a rise ING : Why the gold rally isn’t over yet ING says the gold rally may still have room to continue.
  24. 7:00 PM Earlier news service · 7:00 PM SWATCH GROUP owns £2.7 billion in gold Swatch Group reportedly owns £2.7 billion in gold.
  25. 2:31 PM Kitco News · 2:31 PM Trump’s latest global tariffs ‘opened a new Pandora's box with no good exits’ – Mind Money’s Khandoshko A Kitco commentary says Trump's latest global tariffs have created a new trade-policy mess.
  26. 1:26 PM Kitco News · 1:26 PM Gold bulls need to break $5,200 and $5,300 soon or momentum exhaustion could see gold fall as far as $4,380/oz – Forex.com’s Hilal A Kitco piece says gold must break $5,200 and $5,300 soon or momentum could fade.
  27. 10:25 AM Kitco News · 10:25 AM Silver is consolidating, but retail investors remain confident - Amplify ETFs Amplify ETFs says silver is consolidating while retail investors remain confident.
  28. 7:48 AM Kitco News · 7:48 AM Gold market analysis for February 25 - key intra-day price entry levels for active traders Kitco gives gold market analysis and intra-day price entry levels for active traders.
  29. 7:00 PM MINING.COM · 7:00 PM Valterra Platinum profit nearly doubles on higher metal prices 9 hours ago ... Gold price gains on tariff, geopolitical risks · Bullion has found a footing above $5,000 an ounce in recent sessions. February 25, 2026 | 08:16 am. First;
  30. 7:00 PM FXEmpire · 7:00 PM Gold vs. Bitcoin: Tariff Uncertainty Lifts XAUUSD as BTC Tests ... 10 hours ago ... When bitcoin prices hit this oversold level, the price generally rebounds. ... As a seasoned financial analyst specializing in currencies and precious metals ...
  31. 7:00 PM CNBC · 7:00 PM ITRG: Integra Resources Corp - Stock Price, Quote and News - CNBC 1 day ago ... Integra Resources Corp. is a precious metals producer in the Great Basin of the Western United States. Its principal operating asset is the Florida Canyon Mine.
  32. 7:00 PM Yahoo Finance · 7:00 PM NEM vs. AEM: Which Gold Mining Giant Should You Invest in Now? 10 hours ago ... Sustained central-bank purchases, hopes of more interest rate cuts following the softer-than-anticipated inflation data, renewed uncertainties over ...
  33. 7:00 PM Kitco News · 7:00 PM Gold advances as tariff inflation risks and Iran tensions revive safe ... 10 hours ago ... Gold prices moved higher on Wednesday, supported by renewed safe-haven flows as investors weighed the inflationary impact of tariffs and rising geopolitical ...
  34. 7:00 PM Investing.com · 7:00 PM DoubleLine Securitized Credit ETF (ARCX:DSCO) P/E Ratio 1 day ago ... Firsthand Technology Value Fund, Inc. - · iShares Gold Trust · - · iShares Expanded Tech-Software Sector ETF · - · Western Asset Claymore Inflation Linked ...
  35. 7:00 PM Bloomberg · 7:00 PM CME Restarts Gas and Metals Futures Trading After Glitch 1 hour ago ... Prices rose before settling 1.9% higher at $2.969 per million British thermal units. Trading in metals, including gold and copper, on Globex was also halted ...
  36. 7:00 PM Kitco News · 7:00 PM Buy 0.5 g Gold Zodiac Scorpio Bar - Kitco Kitco is promoting a 0.5 gram Gold Zodiac Scorpio Bar for sale.
  37. 12:23 PM kingworldnews.com · 12:23 PM Celente Issues Gold Price Prediction For 2026 Celente issued a gold price prediction for 2026.

How this page is made

Collected every hour. Summed up twice a day. Linked to the source.

Where the news comes from

  • Reuters and Dow Jones headlines for gold, silver, platinum and palladium, through TradingView
  • Kitco News and MetalsDaily
  • The World Gold Council
  • Google News, for wider coverage
  • A daily AI web search for anything the feeds missed

How the briefs are written

Every hour we collect new headlines. An AI model from OpenAI tags each one by metal, topic and importance and writes a one-line summary from its headline and teaser. It doesn’t read paywalled articles. On weekdays at about 8 AM and after the 5 PM New York close, it writes a brief from the most important reports and our own spot price feed. Every point cites the reports it came from. On Fridays it writes a recap of the week.

Who publishes it

Bullion Trading LLC is a physical precious metals dealer in New York’s Diamond District, in business since 2008. Prices on this page come from our own live feed and LBMA history. We buy and sell bullion, so read the briefs as market context, not investment advice. Briefs are published automatically, without an editor’s review. If you spot an error, tell us.