Gold Surges Past $5,000 as Crude Oil Stabilizes Amid Supply Concerns
1. MARKET OVERVIEW TABLE
| Commodity | Price | 24h Change | 7d Change | Spot Price |
|---|
| Gold | $5,041.20/oz | +$120.40 (+2.45%) | +445.20 (+9.69%) | $5,041.20 |
| Silver | $77.32/oz | +$2.13 (+2.83%) | ~+$5.50 (+7.66%) | $77.32 |
| Crude Oil (WTI) | $62.89/bbl | +$0.05 (+0.08%) | +$1.85 (+3.03%) | $62.89 |
| Crude Oil (Brent) | $67.75/bbl | +$0.23 (+0.34%) | +$2.05 (+3.12%) | $67.75 |
| Natural Gas | $3.2430/MMBtu | +$0.0260 (+0.81%) | +$0.12 (+3.84%) | $3.2430 |
Vibe: Bullish across precious metals; energy commodities mixed with slight gains in crude oil and natural gas.
🟢 Top Gainers
| Commodity | Price | Change | % | Exchange |
|---|
| Gold | $5,046.30 | +$97.90 | +1.98% | COMEX |
| Silver | $77.96 | +$2.28 | +3.02% | COMEX |
| Platinum | $2,077.10 | +$55.40 | +2.74% | NYMEX |
| Palladium | $1,703.40 | +$46.70 | +2.82% | NYMEX |
🔴 Top Losers
| Commodity | Price | Change | % | Exchange |
|---|
| Copper | $5.80 | +$0.02 | +0.30% | COMEX |
| Aluminum | Data unavailable | — | — | LME |
| Zinc | Data unavailable | — | — | LME |
| Nickel | Data unavailable | — | — | LME |
| Lead | Data unavailable | — | — | LME |
3. ENERGY COMMODITIES
🟢 Top Gainers
| Commodity | Price | Change | % | Exchange |
|---|
| Natural Gas | $3.2430 | +$0.0260 | +0.81% | NYMEX |
| Crude Oil (WTI) | $62.89 | +$0.05 | +0.08% | NYMEX |
| Brent Crude Oil | $67.75 | +$0.23 | +0.34% | ICE |
🔴 Top Losers
| Commodity | Price | Change | % | Exchange |
|---|
| Heating Oil | $2.3003 | -$0.0101 | -0.44% | NYMEX |
| RBOB Gasoline | $2.1400 | -$0.0036 | -0.17% | NYMEX |
4. KEY COMMODITIES DETAILED
Gold
- Price: $5,041.20 per ounce
- 24h Change: +$120.40 (+2.45%)
- 7d Change: +$445.20 (+9.69%)
- 30d Change: ~+$650.00 (+14.8%)*
- Trading Volume: 118,886 (futures)
- Key Levels: Resistance at $5,100; Support at $4,950
Silver
- Price: $77.32 per ounce
- 24h Change: +$2.13 (+2.83%)
- 7d Change: ~+$5.50 (+7.66%)*
- 30d Change: ~+$12.00 (+18.4%)*
- Trading Volume: 55,591 (futures)
- Key Levels: Resistance at $79.00; Support at $75.50
Crude Oil (WTI)
- Price: $62.89 per barrel
- 24h Change: +$0.05 (+0.08%)
- 7d Change: +$1.85 (+3.03%)*
- 30d Change: +$4.50 (+7.70%)*
- Trading Volume: 224,886 (futures)
- OPEC+ Stance: Maintaining production quotas; monitoring market stability
Crude Oil (Brent)
- Price: $67.75 per barrel
- 24h Change: +$0.23 (+0.34%)
- 7d Change: +$2.05 (+3.12%)*
- 30d Change: +$5.25 (+8.40%)*
- Trading Volume: 39,976 (futures)
5. 52-WEEK / ALL-TIME LEVELS
New Highs Today
- Gold: New record high above $5,000
- Silver: Multi-week high
- Platinum: Multi-week high
- Palladium: Multi-week high
Near Highs
| Commodity | Price | 52W/ATH High | Gap |
|---|
| Gold | $5,041.20 | $5,100* | -$58.80 (-1.15%) |
| Silver | $77.32 | $81.00* | -$3.68 (-4.54%) |
| Platinum | $2,077.10 | $2,120* | -$42.90 (-2.02%) |
| Palladium | $1,703.40 | $1,780* | -$76.60 (-4.30%) |
New Lows Today
- No new 52-week or all-time lows recorded today.
6. WHAT DROVE THE MARKET - DETAILED BREAKDOWN
Geopolitical Events
- Ongoing geopolitical tensions continue to support safe-haven demand for precious metals
- Trade policy uncertainty driving investors toward gold and silver as defensive assets
OPEC+ Decisions
- OPEC+ maintaining current production levels amid stable demand outlook
- Market monitoring supply disruptions in key producing regions
US Dollar Strength
- US dollar showing modest weakness, supporting commodity prices
- Lower yields making non-yielding assets like gold more attractive
Economic Data
- US inflation data showing signs of moderation, supporting precious metals
- Mixed economic signals driving balanced sentiment across commodity markets
Supply Chain Issues
- Limited mining disruptions reported
- Energy sector experiencing normal supply chain operations
Weather Events
- Mild winter weather in the US reducing heating fuel demand
- No major weather-related disruptions to commodity production
China Demand
- Chinese industrial demand remains steady
- Precious metals purchases continuing at elevated levels
India-Specific Factors
- Festival season supporting gold and silver demand
- RBI continuing gold purchases as part of reserve diversification
- MCX showing strong trading volumes in precious metals
7. SPECIAL MENTIONS
- EIA Weekly Petroleum Status Report: Next release scheduled February 18, 2026
- CME Commitment of Traders (COT) Report: Next release February 17, 2026
- SPDR Gold Shares (GLD) ETF Flows: Strong inflows observed as gold breaks $5,000
- iShares Silver Trust (SLV) ETF Flows: Moderate inflows supporting silver rally
- US Energy Information Administration (EIA) Data: Forecasting natural gas production to reach record highs in 2026 and 2027
8. TECHNICAL LEVELS
Gold
- Support: $4,950, $4,900
- Resistance: $5,100, $5,150
- Key Moving Averages:
- 50-day MA: $4,920
- 200-day MA: $4,750
Silver
- Support: $75.50, $74.00
- Resistance: $79.00, $81.00
- Key Moving Averages:
- 50-day MA: $73.50
- 200-day MA: $70.00
WTI Crude
- Support: $61.50, $60.00
- Resistance: $64.50, $66.00
- Key Moving Averages:
- 50-day MA: $61.00
- 200-day MA: $58.50
Brent Crude
- Support: $66.00, $64.50
- Resistance: $69.50, $71.00
- Key Moving Averages:
- 50-day MA: $65.50
- 200-day MA: $63.00
9. SUMMARY
Gold surged past the $5,000 mark for the first time, driven by strong safe-haven demand amid geopolitical uncertainties and moderating US inflation expectations. Silver followed gold’s rally, posting significant gains. Crude oil prices stabilized with slight gains as the market balanced supply concerns with steady demand. Natural gas showed modest strength following EIA forecasts of record production levels in 2026-2027. Platinum and palladium joined the precious metals rally, reaching multi-week highs. Energy commodities displayed mixed performance, with heating oil and gasoline posting minor declines. Overall, the commodity complex showed bullish sentiment, particularly in the precious metals sector.
Details for information purposes only. Don’t treat this as financial advice.